It was only this year at the CES event when Asus announced the ZenFone 2. While it has only been a while since the device was revealed, rumors about the company's next-gen flagship have begun to surface.

Asus' next smartphone was speculated to be built with a fingerprint scanner. There's also talk that the phone will be powered by a Qualcomm Snapdragon 15 instead of the chips from Intel.

The latest rumor suggests that the new device will have the model number Asus Z00EDB after it was spotted in TENAA. This further gives an impression that the device is highly likely the ZenFone 3 or a modified model of the ZenFone 2.

According to the TENAA site, the new Asus smartphone is designed with a 5-inch display that has 1280 x 720 screen pixels. It measures 143.7 x 71.5 x 10.66 millimeters (5.66 x 2.81 x 0.42 inches) and weighs 145 grams (a little over 5 ounces). It also says that the device will be available in seven colors, such as silver, gold, purple, blue, red, white and black.

The Asus ZenFone 3 is said to have a lower price point than its ZenFone 2 sibling. One feature that sets it apart from its older sibling is its pair of LED flash lozenges found on the rear. The ZenFone 2, on the other hand, has a slightly bigger screen display that measures 5.5 inches. There's also a variant that features a RAM of 4 GB.

Other features of the ZenFone 3 include a Gorilla Glass 3 protected screen, 1.2 GHz quad-core 64-bit CPU, Mali GPU, LPDDR3 RAM of 2 GB, and 16 GB memory, which can be expanded up to 32 GB through a microSD card slot. It has two cameras: a rear 8 MP shooter with low-light image, LED flash and HDR mode and a front 5 MP selfies snapper. It's also preinstalled with Android 5.0 Lollipop and comes with a trio of connectivity options, such as Bluetooth 4.0, Wi-Fi and 3G.

The purported ZenFone 3 will also be a dual-SIM capable handset and is said to have a metal build. Details on pricing and availability are still unknown, although it is expected that the device will be priced much lower than the ZenFone 2 because of the difference in the screen size.

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