OnePlus budget phone series coming – but there’s a catch

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OnePlus budget phone series coming – but there’s a catch

OnePlus is reportedly planning to launch a renewed push into the budget phone space, but there could be one noteworthy catch.

It’s been a topsy turvy year for the OnePlus brand, with a steady drip of rumours questioning its future mixed with hints at exciting new products.

This one firmly belongs in the latter category. According to tipster Yogesh Brar, the Oppo-owned company is launching a brand-new smartphone series.

According to Brar, the new phone line will be called the OnePlus N series, will launch “by July”, and will be priced under Rs 20k.

That works out to about £150, which would be about half the price of the OnePlus Nord CE 5 (pictured above), not accounting for regional price gouging adjustments.

EXCLUSIVE

OnePlus is launching a brand new smartphone series in India

– Expected to be called OnePlus N series

– Launch by July

– Some models priced under Rs 20k

Thoughts on this? Will you get one?

— Yogesh Brar (@heyitsyogesh) June 8, 2026

But wait

The use of that Indian currency points to a potential reason to stay your excitement, depending on where in the world you are.

Brar specifically mentions that this new OnePlus N budget phone series will be launching in India. The country has been a priority for the brand for some time now, and it suggests that we might not get to see the new series in the West.

Foundry | Alex Walker-Todd

Of course, there’s always the chance that the series will simply launch first in India before making its way to a global audience. Technically, we’re about due a replacement for the aforementioned OnePlus Nord CE 5.

However, the same source reported in March that OnePlus was considering shutting down in select global markets. Brar claimed at the time that India would primarily get cheaper OnePlus devices in the budget and mid-range categories, which was: “Not a good news [sic] for US, UK & EU customers”.

Taking the tipster’s comments together, the implication seems clear. There’s a new OnePlus N budget phone series coming to India, and likely nowhere else.

Source: OnePlus budget phone series coming – but there’s a catch