Micromax's Yu to Launch Next Flagship This Month, Confirms Founder

While the video didn't offer many details about the smartphone, a teaser post on the company's forum hinted that the handset may feature top-notch innards to compete against flagship smartphones from other brands.

On the forum post, Sharma said, "Post the Yutopia launch, we have been working at a different clock speed and momentum to break all that's conventional and boring."

Talking about the new Yu smartphone, Sharma added, "It's insanely beautiful and it will break some hearts. It will break records, it will break the conventional, it will break the rules...WAIT, it will break the flagships."

A recently leaked Yu mid-range smartphone codenamed Yu5530 was spotted in a Geekbench benchmark listing - tipping some innards of the handset. We can expect that the company may reveal the Yu5530 as the next smartphone this month.

According to a benchmark listing, the Yu5530 will feature an octa-core MediaTek Helio P10 (MT6755M) processor clocked at 1.8GHz, and come with 4GB of RAM. The device is said to run Android 5.1 Lollipop, and may sport Cyanogen OS, though that was not listed in the benchmark listing. The Yu5530 scored 816 in single core test while gets a multi-core scored 3059.

Yu Televentures recently unveiled the Yu Yureka Note phablet in India, priced at Rs. 13,499. The handset went on sale via offline mobile stores. The alleged Yu5530 is likely to be priced between the Yu Yureka Note and the company's flagship Yu Yutopia smartphone that was launched last year.