The Meizu M5 Note was released towards the end of last year. The all-metal phone with a 5.5-inch FHD display, 3GB of RAM and a Helio P10 processor is available in different storage variants with pricing starting at ¥899 ($130 ) and moving up ¥1499 ($218). Barely a month later and the prices are no longer the same.
If you head to Meizu’s official website, you will notice that there has been a price increase for all the M5 Note models. The 3GB + 16GB model priced at ¥899 ($130) now sells for ¥999 ($144) and the 3GB + 32GB version selling for ¥999 before is now ¥1099 ($158). However the 3GB + 64GB variant remains priced at ¥1499 ($248).
A customer who reached out to Meizu’s customer service to ask why there is a price increase was told that the increase is due to changes in market conditions caused by dollar fluctuations and has resulted in an increase in the cost of materials.
The price increase is expected to affect other brands and spread to other products other than phones this year. Just last week Meizu increased the price of their newly released TV box.