OnePlus and Oppo will increase prices for many of their smartphones in China starting March 16, 2026, due to rising component costs. All OnePlus models will see price hikes, while Oppo will raise prices mainly for its lower and mid-range devices. These increases are currently limited to China, though global markets could follow.

This move follows Samsung's similar price hikes for its Galaxy S26 series earlier this year, signaling a broader industry trend driven by persistent memory shortages. OnePlus confirmed to PCMag it is not raising prices in the U.S. at present, though Oppo doesn't sell directly there. Samsung already increased base Galaxy S26 and S26 Plus prices by $100, showing the industry-wide pressure. Smartphone prices are expected to rise globally this year as the market slows, potentially impacting consumer choices. Sanuj notes this isn't surprising, as rising costs affect the entire sector, leaving the key question of how quickly these hikes spread beyond China.