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It is unknown what will happen to HTC's effort in the handset market once the launch of the U12 comes around, as this project is assumed to be the completion of a design that has been in the works for years rather than a brand new model. The device will sport top of the line hardware to give a tough rivalry to the Galaxy S9-series and the OnePlus 6.

The company officially announced the arrival of the new smartphone through its official Twitter handle on Thursday.

The teaser shows the upcoming device stripped to its bare bones.

While we didn't receive much information as to the makeup of the phone itself, the tweet did mention that it was "a phone that is more than the sum of its specs". From what we can make of the image in the background, HTC has cleverly laid out the different components of the smartphone on a textured material. A "Plus" moniker could signify a huge upgrade over the HTC U11+ since technically, it does succeed the U11+ and not the U12+.

HTC is gearing up for a major launch this year.

According to rumors, the HTC U12 will come with a 6-inch LCD WQHD+ display and minimal bezels.

The HTC U12+ is also expected to have an 18:9 aspect ratio and an all-glass build. Under the hood, the device will run on the latest Qualcomm Snapdragon 845 Octa-core chipset.

It's expected that he HTC 12 will feature a horizontal dual camera setup with a pair of 16 MP and 12 MP lenses on the back of the device with a 8 MP located on the front. The base variant might have 6GB RAM and 128GB storage. The type of sensors used has not been revealed yet.