Meizu's upcoming high-end smartphone rumored to be powered by Samsung's Exynos 7420 SoC

Chinese smartphone manufacturer Meizu recently released its MX5 smartphone, which we told you in our full review is a pretty great handset in terms of both design and performance. Up until recently many consumers were hoping to get their hands on a slightly higher-end version of the device, the MX5 Pro. But according to a new rumor that supposedly comes from Meizu VP Li Nan, the company is planning on scrapping the MX5 Pro handset in favor of a more premium smartphone line, which will be put in place to directly compete with the Xiaomi Mi Note series.

To compete with the Mi Note line, it’s obviously important for Meizu’s new mystery smartphone to pack a punch on the performance front, which is why the company might be planning on using Samsung’s Exynos 7420 processor instead of the Qualcomm Snapdragon 810. Smartphone analyst Pan Jiutang recently took to Weibo to announce this information, though he unfortunately didn’t reveal any reasoning behind Meizu’s decision to use a Samsung SoC this time around.

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Samsung uses its in-house built Exynos 7420 processor in the Galaxy S6 and S6 Edge.

Previous rumors suggest that this new premium smartphone line will feature a double-sided glass build along with an aluminum frame. The first smartphone to come out of this line is also rumored to launch in China for over 3000 Yuan (~$483 USD), which would make this one of the most expensive devices to come from Meizu.