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Guests use a sample phone at the launch of the HTC One smartphone in London February 19, 2013REUTERS/Toby Melville

Taiwanese smartphone maker HTC launched the much-awaited HTC One smartphone in New York City and London on Tuesday.  

"People today immerse themselves in a constant stream of updates, news, and information. Although smartphones are one of the main ways  we stay in touch with the people and information we care about, conventional designs have failed to keep pace with how people are actually using them," said Peter Chou, CEO of HTC Corporation.

"A new, exciting approach to the smartphone is needed and with the new HTC One, we have re-imagined the mobile experience from the ground up to reflect this new reality." he added.

One of the main features of 'HTC One' is its 2.0 ultra-pixel rear camera (equivalent to 4.0-megapixel), but don't get fooled by the number. The company claims that its camera is more futuristic than conventional high-resolution camera totting smartphones.

The company says that its custom-build camera features a f/2.0 aperture lens and a breakthrough sensor with UltraPixels that can absorb 300 percent more light than any other smartphone camera sensors. The camera also features a dedicated imaging chip and multi-axis optical image stabilization to ensure smoother video footage during the move or at a stationary position.

Key Specifications of HTC One Include:

Model

HTC One

Display

4.7-inch Super LCD 3 with RGB matrix

Display (pixel density: 468 pixels per inch)

1920 x 1080p display resolution

OS

Android v4.1.2 OS (Jelly Bean)

Processor

Quad-core processor with

1.7GHz CPU speed

(Chipset type: Qualcomm Snapdragon 600)

GPU

Adreno 320

RAM

2GB DDR2 RAM

Memory capacity

Available in 32 & 64 GB

Camera

Rear: 2.0 -ultra pixel camera with

28 mm lens, LED Flash, BSI sensor,

F2.0 aperture.

Front: 2.1 -megapixel camera with

HD 1080p video recording

Network

2G,3G & 4G/LTE in select markets

Battery

2,300 mAh

Additional Specs

Zero-gap Aluminum Unibody case, Bluetooth v4.0,Wi-Fi hot spot,

Wi-Fi (802.11 a/b/g/n/ac),

NFC (Near Field Communication),

HTC BoomSound(front-facing

stereo speakers)

Dimensions

137.4 x 68.2 x 9.3 mm

Weight

143 g

Price

Undisclosed

HTC has said that the new flagship smartphone 'HTC One' will be available globally through 185 mobile operators (including Reliance Communications) and major retailers across 80 countries in early March, but it is yet to declare price details of the smartphone.