OnePlus One Android phone will be available for under $400

Last month we gave you the news that OnePlus, the new start-up from former Oppo VP Peter Lau, was partnering with CyanogenMod, and today Peter announced that its first phone, the OnePlus One will be available for ‘under $400’. OnePlus was founded in December by Lau after he resigned from Oppo, creators of the Oppo N1– the first phone to ship with CyanogenMod out of the box. Peter promised with OnePlus to create ‘a perfect phone at a killer price’, and today’s announcement on Google+ handily addresses the second half of that promise.

The OnePlus One Android phone may just be one of the most interesting handsets of the year, at least for hardcore Android users, but there’s actually nothing official about this vaporware device yet. The company has been marketing a concept as a well-built flagship handset that’s supposed to have an affordable price, but specific details about it aren’t available yet. The only thing sure about the device is that it will runCyanogenMod, a popular custom Android OS version. Not even the price is set in stone. But then a few days ago, OnePlus CEO Pete Lau said the smartphone will sell for less than $500, although what he apparently meant is under $400. “Priced under $500 doesn’t mean $499. The OnePlus One will definitely be available for under $400,” Lau said on Google Plus on Wednesday.