Brexit pounds UK Android fans like a hammer as OnePlus 3 price soars

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The OnePlus 3 is reportedly a great smartphone -- reviews have been glowing. The big selling point, however, is the low price. The company's smartphones are viewed by many to be the antithesis of the high-priced offerings of the big-names; a revolution, if you will.

Unfortunately for those in the UK, the price won't be as low for very long. Due to the infamous Brexit -- the state's decision to leave the European Union -- the British pound has lost a lot of value. As a result of the currency's decline, OnePlus is raising the price of its latest smartphone in the UK.

"Given the effects of the unstable markets on our extremely thin margins, we're reluctantly going to have make some small changes to our pricing structure for the device. In practical terms for our customers, this means that from July 11, 2016 (that's next Monday), the OnePlus 3 will be £329 in the UK", says OnePlus.

There is some good news, however. The company explains, "there's still time to pick up the device at the current price of £309. We said that we'd give you as much notice as possible, and we're committed to taking the hit over the next few days and absorbing the resulting losses".

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There you go, folks -- the Brexit is causing strong repercussions for consumers due to the plummeting currency. While the GBP can always reverse course, it is not known if gains are in the cards anytime soon. If you are an UK Android fan and voted to leave the EU, you have unfortunately caused the OnePlus 3 price to increase. Luckily, accessories will retain their existing prices.

Will you race to buy it before the July 11 price jump? Tell me in the comments.

Photo credit: esfera / Shutterstock

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