If you are reading to us from the United Kingdom and you are thinking of getting some of the products, you better hurry if you do not want to have to pay up to a quarter of the price they currently have.
The company Somos, specialized in loudspeaker systems, has announced that intends to significantly increase the prices of its products in the UK as a result of Brexit and the subsequent devaluation of exchange rates.
Will starting next February 23 when UK citizens will have to pay up to a 25 percent more for products made by Sonos. You can all imagine the reason behind the price increase: as a result of Brexit, the British pound has devalued against the dollar, so Sonos has to increase prices to cover its losses.
The company has expressed through a statement that “In recent months, there has been a significant change in the exchange rate of the US dollar to the GBP. As a result, our current prices have become unsustainable and, like many other companies, we have to increase the prices of all products priced in pounds sterling. '
Sonos has already shared what will the new prices be of its products that will be valid as of February 23. The Play: 1 mini speaker will now cost £ 199, an increase of £ 30 from its current price. The larger Play: 5 model will see a £ 70 increase to £ 499, while the Playbar and Sub will see their prices increased by £ 100 to £ 799 compared to £ 699 now.
Sonos not the first company to raise its prices due to Brexit. Smartphone maker OnePlus and electric car maker Tesla, among others, have also chosen this route.