HTC's current flagship smartphone, the HTC One M9, has been a huge disappointment. The company is reportedly planning a "Hero" phone to replace it that will be called the HTC O2, and it's got some very impressive specs.

There was a time when Samsung wasn't the biggest player in the Android smartphone world. That title was held by HTC, which actually got its start as being an original design manufacturer, building smartphones and PDAs for companies like Palm and HP. HTC decided to use its proven track record and design skills to release smartphones under its own name, and Google soon took notice. It chose HTC to build the first Android smartphone, the T-Mobile G1, which was released in 2008.

Since then, HTC has faced tough competition from companies like Samsung and Apple but appeared to get its groove back when it introduced the HTC One M7 in 2013. The device became an instant hit with smartphone fans, thanks in part to its unibody aluminum case, which became the basis for its successors, the HTC One M8 released in 2014 and One M9, which went on sale in April.

Sales of the HTC One M9 have been a huge disappointment, and the company has watched its stock continue to plunge. HTC's new CEO, Cher Wang, recently revealed that her company would release a "Hero" handset that would replace the One M9 as HTC's flagship smartphone and feature a new design and impressive specs.

A new report claims to reveal what HTC has in store for its upcoming "Hero" phone, which will reportedly be named the HTC O2 and not the HTC One M10. The smartphone is said to have an all-metal design, and like the Samsung Galaxy S6 and S6 Edge, will boast a 2560 by 1440 quad-HD display. The handset will pack in Qualcomm's upcoming Snapdragon 820 processor, which will bring enhanced performance, compared with the One M9's Snapdragon 810 processor, as well as improved battery life.

The HTC O2 will also get a bump up in the RAM department to 4 GB, include 64 GB or 128 GB of internal storage, run Android 6.0 Marshmallow and pack in a large 3,500 mAh battery. Early reports have claimed the device would be released in October, but it now appears the HTC O2 will likely hit retail shelves in early 2016.

As with all rumors of unannounced devices, take this one with a grain of salt for now. We'll be sure to keep you posted on any new information regarding the HTC O2 as it becomes available.