Oneplus and oppo price hikes begin in china
Less than a week after major smartphone brands announced impending price hikes for their current models, the first increases have started. Oppo and OnePlus have begun raising the prices of some of their devices in china, marking the beginning of this new trend.
Price increases vary across devices
In china, the price hikes range from 200 to 500 yuan, equivalent to $29 to $73 when directly converted. The OnePlus 15, for instance, saw a 12% increase, making it 4,499 yuan or around $653 when converted. Meanwhile, the OnePlus Ace 6 experienced an alarming 19% price rise, now priced at 3,099 yuan, which translates to about $449 when directly converted.
Other OnePlus models like the new Turbo series and the Ace 6T have also received price bumps, while Oppo phones from the K13 series and at least one K12 device now cost more. Notably, Oppo's flagship phones remain unaffected by these increases for now.

Global markets unchanged, for now
Importantly, these initial price hikes are limited to the Chinese market, and neither Oppo nor OnePlus have announced any plans to adjust prices globally. It's crucial to remember that current models may continue to sell at their existing prices, but future releases are likely to come with higher price tags compared to their predecessors.
This development reinforces the notion that now might be an opportune time to upgrade your smartphone, especially with the ongoing memory shortage that is expected to persist for a while. Buying a new phone ensures you'll be equipped with the latest technology, and the short-term price increases may be a small price to pay for the long-term benefits.