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Taiwanese phone company HTC's highly anticipated sequel to its blockbuster HTC One is due to hit shelves this March according to reports.

A report from news outlet Bloomberg is citing rumored specs for the handset as being a display of 5 inches or larger plus a Snapdragon 800 or Snapdragon 805 processor, along with a twin-sensor rear Ultrapixel camera.

The report cited a "person with direct knowldege of the plans", who said the phone will be released in March in a potential showdown with Samsung's Galaxy S5.

Bloomberg suggested other possible attributes of the device code-named "M8" are a 3GB RAM, fingerprint reader, and unibody metal housing.

In terms of branding, HTC will reportedly stick with the HTC One name for this year's model, rather than the HTC Two that we earlier reported.

The next HTC One could be announced at Mobile World Congress in Barcelona in February, though another possibility is that HTC will hold an event of its own, as Samsung is rumoured to be doing with the Galaxy S5.

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David Swan

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David Swan is a tech journalist from Melbourne and is iTWire's Associate Editor. Having started off as a games reviewer at the tender age of 14, he now has a degree in Journalism from RMIT (with Honours) and owns basically every gadget under the sun. You can email him at david.swan@itwire.com or follow him at twitter.com/mrdavidswan

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