According to Nothing founder Carl Pei, the Phone 2 will be a more premium offering compared to its predecessor, which featured mostly mid-range specifications including a Snapdragon 778G+ chip. Pei has already confirmed that the Phone 2 will feature the slightly older but noticeably faster Snapdragon 8+ Gen 1, which will not only enhance overall performance but also improve camera capabilities, such as the ability to capture RAW HDR photos and shoot 4K video at 60 frames per second. While details about other camera upgrades and key components remain unconfirmed, speculations abound.