If you are planning to buy a new OPPO or OnePlus phone after March 20, then there is a big news for you. Both the companies have issued a joint statement saying that smartphones will become more expensive from March 16. This change in smartphone prices will be applicable in all markets including India, as parts prices are increasing due to supply shortage.
The initial price hike will primarily impact budget devices from OPPO’s K series and A series lineup as well as select OnePlus smartphones. Meanwhile, OPPO’s flagship Find series, Reno series and OPPO Pad lineup will all continue to sell at their current prices.
According to reports, both the companies are not yet revealing anything about the actual price increase. Depending on market trends, this increase could be around 15 to 20 percent. This means that the OnePlus 15R, which was launched at a price of ₹47,999, about 6% higher than the previous model, could now cross ₹50,000. A recent leak has revealed that the starting price of this phone can be ₹ 51,999.
The prices of other existing smartphones including the OnePlus 15 and OnePlus Nord 5 series are also expected to increase. Talking about Oppo, the smartphones whose prices may increase include Oppo K14x, K13 series, K12x, A6 series and A5 series. If you are eyeing these smartphones, it is better to buy them now rather than later.
Not only OPPO and OnePlus, but other manufacturers are also struggling with rising component prices and may ultimately pass the burden on to customers. Samsung and Realme have already increased the prices of some of their smartphones (select models) in India, while Vivo and iQOO are also expected to do the same soon.