28 February 2019
If you are a OnePlus fan and waiting for the company to release a foldable like many other major players, you will have to wait for the time being. OnePlus CEO Pete Lau has told CNET that they have no plans of working on a foldable phone in the near future. He made the statement during a conversation with the publication on the sidelines of MWC 2019 in Barcelona.
Lau mentioned steep pricing of foldable smartphones as the major reason for not launching one just yet. He said that the price foldable phones are currently commanding and the value they are providing to users in return, these two things do not correlate at the moment. He did make it clear that the company is definitely keeping an eye on developments surrounding foldable phones and what other players are up to but it is the high costs associated with making one and then selling it which is making them stay put.
All the things said by Lau makes perfect sense. Samsung's Galaxy Fold is all set to cost $1,980 and when we talk about the Honor Mate X, it will be getting even more expensive. It was announced at a price of EUR 2,300 which is about $2,600 and is definitely a lot more expensive than anyone might have anticipated.
As for other OnePlus future plans, it is all set to launch OnePlus 5G smartphone later this year. It has already demonstrated a prototype at MWC giving an idea of how things are going. It is expected to get official alongside the OnePlus 7 sometime around May or June 2019.