OnePlus has lowered the price of its Watch 3 smartwatch to $349.99, a significant reduction from its initially unexplained $499.99 price tag. The company initially cited "current market conditions," but now attributes the price drop to "further evaluation" and supply chain adjustments. Customers who purchased the watch at the higher price will receive a refund. The price increase was speculated to be due to tariffs on goods imported from China, although the US later excluded some electronics from these tariffs.

Prepared by Jonathan Pierce and reviewed by editorial team.