12 February 2019
OnePlus launched its new OnePlus 6T McLaren Edition yesterday at an event. The company’s CEO also spoke about its yet-to-be-revealed OnePlus 5G phone recently during an interview.
According to Lau, the OnePlus 5G phone will launch “before the end of May” 2019. The 5G enabled OnePlus phone will be more expensive than the current OnePlus smartphones, Lau says that the device itself will be priced without profit in mind. The company plans to keep the phone as cheap as it possible for consumers, without the company actually losing money.
“The 5G product is not expected to equate to huge sales,” he said. “It’s still early stage. But by 2020 it could already be very different.”
Lau stated that the 5G components inside the device will be much more expensive than the 4G components in current smartphones. It is important for smartphone makers to launch their 5G phones earlier than others.
“With a focus on being one of the first companies to deliver a 5G phone, our engineers and product development team can receive an early start on how to best develop a premium 5G phone without compromise to design and user experience,” Lau said.
The company has already revealed that the OnePlus 5G phone will hit Europe first in partnership with wireless carrier EE and will be powered by Qualcomm Snapdragon 855 SoC. Lau added that the OnePlus 5G phone will look a lot like the 4G phone line-up. So, it's likely that the 5G phone won’t be the OnePlus 7, however, they could look similar on the outside, with different price points.