The price is less than the cheapest Snapdragon 865-powered smartphone Redmi K30 Pro. So if we believe the report to be true, the iQOO Neo3 will now be the most affordable handset that runs on Snapdragon 865. Earlier, an official teaser for the iQOO Neo3 hinted that this smartphone is likely to come with a “higher refresh rate”. However, we need to wait until the launch to find out the exact refresh rate as the leaked image showcased refresh rate ranging from 60Hz to 120Hz. If we believe the rumour mills, the iQOO Neo3 smartphone will be housed with 6GB RAM along with 128GB storage capacity. It will also carry a 1080pixel screen which goes in line with the iQOO 3 5G. With the launch of 5G-enabled iQOO 3 on February 25, iQOO stepped into the premium smartphone in India. “We are excited to unveil our first flagship smartphone, iQOO 3 in India today. With iQOO 3, we have introduced the industry’s latest innovations like 5G enabled Snapdragon 865 processor for tech-savvy buyers. iQOO 3 offers highly personalised, cutting-edge and innovative solutions that make it easy for users to get the most out of their device,” said Gagan Arora, Director-Marketing, iQOO India. As far as specification of iQOO 3 is concerned, it is capable of high-speed data transfers with the UFS 3.1 storage. Powered by the Qualcomm Snapdragon 865 processor with a 7nm chipset, this recently launched smartphone has a 440mAh battery with 55W Super FlashCharge that comes with a Type-C charging port. On the camera front, iQOO 3 smartphone with the 48MP SonyIMX582 AI Quad camera with 20X digital zoom. It also comes with three other rear cameras including the 8MP camera, 13MP Telephoto lens with 20X Zoom and a 2MP Bokeh camera. For selfie freaks, the device has a 16MP front snapper with f/2.45 aperture. Available in Quantum Silver, Tornado Black and Volcano Orange colours exclusively on Flipkart, the 8+128GB 4G variant is priced at Rs 36,990, the 8+256GB 4G variant is available for Rs 39,990 while the 12+256GB 5G carries a price tag of Rs 44,990. Let’s wait and watch what specifications iQOO Neo3 smartphone will offer. Stay tuned! For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date with the Gadget Bridge Android App.