5G phones could cost $200 to $300 more, says OnePlus CEO

OnePlus has built a reputation for offering premium phones without a premium price to match — we called the OnePlus 6T “the most affordable flagship you can get.”

But the company’s first 5G phone, announced this morning at the Qualcomm Snapdragon Tech Summit in Maui, won’t be cheap. OnePlus CEO Pete Lau tells The Verge that his company is working on both the new 5G phone and existing 4G phones in parallel, and that he expects his 5G phone will likely cost $200 to $300 more. “It’s hard to know because there’s a lot of specifics still to look at, but it’s likely in the neighborhood of $200-300 more,” Lau says, via translator.

That might not be the case for all new 5G smartphones, though. “You may see some OEMs try to monetize as much as…

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