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HTC rumoured to be releasing a cheaper, plastic HTC One M8

HTC is reportedly looking to take a page from Samsung's playbook and give its new One (M8) smartphone a plastic makeunder, according to a new rumour.

Chinese business site TMT Post has reported that the Taiwanese company is gearing up to release a plastic version of its latest flagship smartphone in China as early as next month. The plastic M8 is said to be significantly cheaper than the current all-metal variant, and is meant to compete with handsets like the Samsung Galaxy S5 .

According to the report, the new plastic model will sell for around 3000 yuan (£289), compared to the 5,299 Yuan (approximately £508) you'll have to pay for the metal One (M8).

In terms of specs, the plastic device is rumoured to include all the bells and whistles of the current version. But there's no word as to whether HTC will launch the plastic One (M8) outside of China.

To refresh your memory, the One 8 first made its debut late last month featuring a smooth, brushed-metal body with a 5in, 1080p Gorilla Glass LCD screen. Powered by a 2.3GHz Qualcomm Snapdragon processor running Android 4.4.2, the phone comes with 2GB of RAM and 16GB of internal storage.

Other specs include front-facing Boomsound speakers, a 5-megapixel front-facing camera for superior selfies, and a MicroSD card slot, which didn't appear on the original HTC One.