By now even if you aren’t into politics, chances are you have heard of “Brexit”, which refers to the referendum in which the British public voted that they wanted to leave the EU. Naturally this is a huge deal as the UK has been part of the EU for many decades now, and many businesses have been operating based on that.The decision has impacted the market and not necessarily in a good way, with reports of the GBP falling to a historic low following the decision. Now the bad news is that this will impact some of your favorite companies and products, like the OnePlus 3 in which OnePlus has since posted a warning on its website that they might have to soon increase prices.
According to OnePlus, “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.”
Note that the company has not increased its prices yet, but it is possible that they will do so in the future, so this is fair warning to customers who are still deciding on whether or not they should buy the phone. It is unclear if other companies will follow suit, but given how volatile the currency fluctuations are right now, don’t be surprised if they do.