The iQOO 3 was one of the first Snapdragon 865 phones to launch in India. The phone is also the brand’s first device sold in India. Today, iQOO has revealed it will announce a price cut for the flagship tomorrow.

According to the tweet shared on the manufacturer’s official Twitter account, the phone is set to get a new and lower price tag tomorrow. Based on the image, the price cut seems to be for the 8GB RAM + 128GB version with 4G as its current price of INR 38,990 is shown in the image.

The iQOO 3 actually had a starting launch price of INR 36,990 but the manufacturer was forced to raise the price to INR 38,990 when the tax on mobile phones was raised in India. The manufacturer is now asking fans to guess the new price tag for the phone.

It makes sense as to why iQOO is announcing a price cut now. The new OnePlus 8 start at INR 41,999 and is definitely on the radar of a number of people looking to get a new phone. The manufacturer has also slashed the price of the OnePlus 7T series, making them even more appealing to anyone whose budget is below INR 40,999. These developments pose a threat to the sale of the iQOO 3, so a price cut is the best decision to take.

Do you think the iQOO 3 will sell for lower than its original launch price or do you think the price cut is a return to the launch price? Let us know in the comment box below.

 

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