CEO Pete Lau: First OnePlus 5G phone could be $200 to $300 more expensive

OnePlus CEO Pete Lau announced at the Qualcomm Snapdragon Technology Summit in Hawaii: the first device to hit the market featuring the newest Qualcomm Snapdragon 855 chipset will be made by OnePlus.

Now, CEO Pete Lau has told The Verge that we can expect the 5G model to be significantly more expensive than its other smartphones.

“It’s hard to know because there’s a lot of specifics still to look at, but it’s likely in the neighborhood of $200-300 more,” Lau told the outlet via a translator.

It makes for an interesting turn of affairs, as OnePlus has earned a reputation for more affordable flagship phones. Then again, the brand has been gradually increasing its prices over the years.

Nevertheless, this doesn’t necessarily mean that its other phones will see a big price bump. 5G phones require a lot more research and development than current 4G devices, although we don’t know if that necessitates a $200 to $300 price increase.

The Verge quizzed Qualcomm president Cristiano Amon on Lau’s comments, with Amon saying that he’s seen some brands be “way more aggressive” on pricing. So if you’re hoping to buy a 5G phone in 2019, you might want to wait and see before clicking the pre-order button on the Chinese brand’s device.

OnePlus is also working on a McLaren-branded revision of its OnePlus 6T, basking in its recent T-Mobile partnership and (finally) support for Verizon’s LTE network in the United States.

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