Nothing Phone(1) gets price hike in India

It’s been a little over a month since Nothing launched the company’s first-ever handset Phone(1). Despite some disruption during the first sale, it received an overwhelming response from the public.

Now, London-based Nothing Inc, owing to economic constraints, has hiked the prices of the Phone(1) models by Rs 1,000 in India.

Due to Covid-19 pandemic-induced lockdowns in manufacturing hubs of South East Asia and the ongoing Ukraine-Russia war, there have been supply constraints of chipsets, other related components, and economic slowdown causing fluctuations in currency valuation in global markets.