Nokia is preparing to release two new smartphones this year. Nokia which had a non-competent deal with Microsoft had earlier announced its plan to license its brand name and start selling smartphones.Nokia’s smartphones are to be manufactured by HMD Global, which now holds license to sell Nokia branded smartphones for the next 10 years. The latest leak hints at those plans coming through.According to GizmoChina, the two phones are expected to be flagship devices with Nokia’s trademark design language. A leaked photo hints at comeback of polycarbonate shells with bolder design and expressive patterns.The two mobiles which have leaked are likely to feature a 5.2-inch and 5.5-inch displays. The report says both the devices will sport OLED display with Quad HD resolution.The report also suggests that Nokia smartphones will be powered by Qualcomm Snapdragon 820 chipset and will be running Z-Launcher UI based on Android Nougat. With Android N final launch likely to happen in October, its likely that Nokia phones will debut only after Nexus launch.With Qualcomm having announced Snapdragon 821, an updated version of 820, there is a good chance of Nokia phones getting the latest processor once it debuts. As one would expect from a Nokia device, the smartphone is reported to feature a 22.6MP primary camera.The smartphones are likely to come with IP68 certification. The GizmoChina also reports that the device will be priced at 3,000 Yuan (approximately Rs 30,140).