While the regular Vivo iQOO features the top-of-the-line Qualcomm Snapdragon 855 processor, the new iQOO Neo is only powered by the flagship processor of the previous generation, namely the Qualcomm Snapdragon 845. This new handset also sports up to 8 GB of memory and 128 GB of internal storage space, liquid cooling, and a 4,500 mAh battery.
https://www.notebookcheck.net/Qualcomm-Snapdragon-845-powered-Vivo-iQOO-Neo-joins-the-gaming-smartphone-niche.426925.0.html