More details have been pouring in with respect to the upcoming OnePlus Nord. Earlier today, Qualcomm revealed the phone is powered by a Snapdragon 765G processor.

For its first mid-range phone in years, OnePlus is going with a name rather than a number or even an alphabet. There have been speculations about what the name Nord means. You don’t have to wonder anymore as OnePlus’s CEO Carl Pei has explained the meaning behind the name.

OnePlus Nord

In an Instagram post, the company executive said the name comes from the “concept of true north”. He goes on to explain that we all have an inner compass that guides us. And then concludes by saying the new product line is a reminder for them to always search for their true north.

The OnePlus Nord is the first of an affordable line of smartphones from the Chinese manufacturer. It will be priced under $500 and will have support for 5G. Other features are dual selfie cameras, 30W fast charging, and an AMOLED display with a high refresh rate.