The OnePlus 3 will see some changes in the UK post-Brexit, soon retailing at a higher price than initially announced.
Britain's exit from the European Union stirred heavy waves worldwide and the move was bound to take a toll on a number of areas.
When OnePlus announced that the OnePlus 3 would be delayed for nearly two weeks in the UK, the company cited some "slight output delays" and a "schedule misalignment," but speculation was rife that Brexit might have something to do with it.
With Britain leaving the EU, trade agreements between the UK and the EU fell off the table and, implicitly, the move also affected agreements between OnePlus and its suppliers.
The economic consequences stemming from the Brexit vote are now taking a toll on the price of the OnePlus flagship, forcing the company to increase the smartphone's price tag while the British pound keeps losing in value.
"[W]e've seen a downward trend for the Pound against the USD over the past two years," OnePlus explains. "While we've held off action for as long as we can, the sharp drop witnessed in the currency markets following the Brexit decision has forced us to re-evaluate the OnePlus 3's pricing in the UK at a time of significant demand."
Starting on July 11, the OnePlus 3 selling in the UK will be sporting a £329 ($427) price tag, that is, £20 ($26) higher than the price for those who already purchased or preordered the handset. The spike affects only the price of the handset, not accessories.
OnePlus mentions its reluctance to spike the smartphone's price so soon after launch, but the steady decline of the British pound against the U.S. dollar left it with "extremely thin margins" and virtually no other choice.
