OnePlus says yes, its debut foldable phone is a rebadged Oppo

OnePlus and Oppo are releasing the same foldable phone under different names, OnePlus confirmed in an announcement emailed to The Verge today. The company says that Oppo chief product officer Peter Lau, who co-founded OnePlus, directed teams at both companies to develop the phone in tandem to be released under both brands in different markets, though the email did not say which phone will go where.

OnePlus didn’t name the phones in the announcement, but they’re the phones rumored to be called the OnePlus Open and the Oppo Find N3.

As for the phone itself, Oppo says the phone’s hinge will be 37 percent stronger — and have “31 fewer components” — than that of the Find N2. The company also says the phone will feature an alert slider. Rumors suggest the phone will have a 7.82-inch inner display and a 6.31-inch outer one and may have up to 24GB of RAM and up to 1TB of UFS 4.0 storage.