HP's rumored consumer-grade Windows 10 phone to be a mid-range device

If you recall, over a week ago, there were rumors that HP and Microsoft are now working on a consumer-grade Windows 10 Mobile smartphone, although nothing much was revealed about its specifications.
Now, more information about the handset has emerged. According to a new report, the phone will be a mid-range device, likely to be powered by a Snapdragon 600 series chipset.
HP Elite x3
The report also says that the phone will support Continuum, and will be compatible with Elite x3's accessories as well. The earlier rumor, in case you missed, had said that handset will feature typical Lumia features like Glance and double tap to wake.
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