There are reports saying that HTC is currently working on a new Windows Phone 8 device with the latest iteration of Windows, the GDR3. The device is said to be similar to the latest HTC Android flagship, the HTC One. It is not a surprise if this turns out to be true, since the HTC One has a huge success since its release.
The phone is expected to arrive later this year and believed to pack a 4 to 5 inch display housed in a mostly metal body as well as the usual Beats Audio enhancement. However, it is not yet confirmed if it will use the HTC's Ultra Pixel technology.
For those wondering what is GDR3 update, it will bring support for 1080p display and quad core processors on Windows Phone 8.