As per reports, the device has been codenamed M8. Specifications of this handset are still under dark as there is no official word from the company.

As per the market buzz, the handset will run on a 2.26GHz Snapdragon 800 quad-core processor along with Qualcomm Adreno 330 GPU and 2GB of RAM. The device will be installed with a full-HD 5-inch display that will possess a resolution of 1920 x 1080 pixel.

Taiwanese smartphone maker HTC Corp said new lines of handsets will help it return to net profit in 2014.