HTC will reportedly offer a mini version of its flagship HTC One smartphone in the following months, following Samsung's lead with a smaller versions of its Galaxy S4 and handset. According to information posted online by phone arena, the Taiwanese phone maker HTC is developing a smaller smartphone with the same look of its HTC One device and that it could be launched as early as this summer.

The 'shrinked' HTC One will be obviously availale at a lower price point and therefore it could have a larger potential market.

The report says that the HTC One Mini will be powered by a dual-core rather than the quad-core processor found in its big brother. It would also have 16GB of internal storage and 2GB of RAM.