“One of the Best Cheap Phones Might Get a Price Hike Thanks to Brexit.
The OnePlus 3, may get a price hike in the UK. Not because of any strong EU bias or anything, but because the British pound is currently garbage.In a blogpost on OnePlus’ website, the company warns its would-be British customers that a price hike could be coming.
If you’re interested in the phone, you might want to make up your mind soon:We’re telling you this now because we don’t want you to be blindsided. If you’re thinking of buying, we recommend doing so sooner rather than later. However, if a price change comes to pass, it will not be a decision that we take lightly. We have only had to increase prices once before, when the Euro hit a nine-year low against the dollar at the beginning of 2015, and we did so reluctantly. Currency fluctuations are not your fault, nor our fault; but if we sell at a loss, the simple fact is that there won’t be a OnePlus in the future.”
What a disgraceful stunt by OnePlus to try and push people to panic buy their phone when actually nothing is likely to occur for years, by which time there will be the next flagship on offer.
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OnePlus JIT approach does cause them these sorts of issues. They probably did not hedge against such large currency fluctuations. But at the moment it is a bargain.
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