August 17, 2015 9:00 AM EDT

The OnePlus 2, a new smartphone from Chinese company OnePlus, is out soon in the United States. The phone has decent specs, with a Qualcomm Snapdragon 810 processor, at least 3GB of RAM and a 13-megapixel camera that can shoot 4K video, all running on a lightly modified version of Android 5.1. But what’s really amazing is the phone’s price: Less than $400 without a contract.

That relatively low price is part of the reason why so many Android fans are so excited about the OnePlus 2. Find out more about this game-changing new phone in the video above.

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