​New Microsoft Lumia flagship phone running Qualcomm's Snapdragon 810 in the works

Microsoft has confirmed a new high-end phone is on the way, ending its drought on true flagships.

Qualcomm's top smartphone processor, the Snapdragon 810, may have been dropped from one major flagship device - but it's set to power a long-awaited new flagship Lumia from Microsoft.

Last year Microsoft released numerous new Lumia devices with a focus on wallet-friendly pricing: from the very low-end Lumia 535 to its so-called "affordable flagship", the Lumia 830.

While low to mid-range priced devices may help Microsoft sell Windows Phone handsets and achieve more volume in Europe and developing markets, fans of high-end kit were only treated to the Lumia 930 running on the Snapdragon 800 chip. In the US, there were calls for an upgraded successor to Verizon's Lumia Icon, which was released in early 2014 but ran on a Qualcomm chipset from 2013, or the AT&T exclusive Lumia 1520, launched in October 2013.

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The wait for a true flagship from Microsoft, however, may soon be over, with the company confirming in a Qualcomm press release that it will be delivering a Lumia device featuring the Snapdragon 810 processor.

"We look forward to continuing this relationship to deliver best-in-class Lumia smartphones, powered by Qualcomm's Snapdragon 810 processors, and offer an unprecedented combination of processing power, rich multimedia, high-performance graphics, and wireless connectivity for our customers," Juha Kokkonen, general manager for portfolio and product management at Microsoft, said.

The announcement follows reports that Samsung wouldn't be using the Snapdragon 810 in its upcoming Galaxy S6 and later Qualcomm's confirmation that the processor was dropped from a flagship device by a "large customer". The chip was reportedly causing heat issues, prompting Samsung to switch to its own Exynos line.

While the mobile industry's annual shindig MWC is just around the corner, there have been no leaked details about a new Microsoft flagship in recent months, meaning it's unlikely to release such a device at the event.

But at least Lumia fans can expect a phone this year - though as yet there's no official release date for such a device - with at least a little more grunt than the mid-range and low-end Lumia handsets released in 2014.

Qualcomm says the 810 includes an integrated LTE-Advanced modem with Cat 9 support for speeds up to 450Mbps, 4K resolution, 64-bit processing, and, for gaming, a Qualcomm Andreno 430 graphics processor.

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