OnePlus 8 is also expected to come in a new purplish-red gradient that is likely to be called Interstellar Glow.
The company has confirmed that OnePlus 8 series smartphones will come with a 120Hz refresh rate display.
OnePlus 8 is likely to come with a punch-hole display and a triple camera setup at the back.
The OnePlus 7 Pro was the company's first smartphone that came with 5G compatibility, followed by McLaren edition of the OnePlus 7T Pro.
OnePlus 8 Pro might be powered by the Snapdragon 865 SoC and is likely to offer 12 GB RAM and 256 GB of internal storage.
OnePlus CEO Pete Lau's post also hints that the OnePlus 8-series will feature the new 120 Hz display.
OnePlus 8 might come with a 6.5-inch display and get a wireless charging feature.