
Oppo has raised prices of its K14 Plus smartphone in India within weeks of its launch on 29 September. The base 6GB + 128GB model now costs Rs 32,999, up Rs 3,000 from its launch price of Rs 29,999. The 8GB + 128GB variant is priced at Rs 36,999, a Rs 4,000 increase over its Rs 32,999 launch price.

The top-end 8GB + 256GB model now sells for Rs 40,999, a Rs 5,000 hike from its original Rs 35,999 price tag. The company has not announced a reason for the price revision.
The price increase hits buyers who delayed a purchase by just weeks. Mid-range phones are a price-sensitive segment in India, and a hike of up to Rs 5,000 on a phone launched within the same fiscal year may push some customers to competitors. Oppo has not stated a reason, leaving open whether the move is a test of demand elasticity or a response to rising component costs. Existing launch-day buyers avoid the increase, but new buyers from the date of revision onward pay the higher price.
Source: gadgets360.com
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