Smartphones could get 30% costlier! How AI is driving up prices of your next upgrade
Rising demand for memory components due to the AI boom could increase the prices of budget smartphones. Jefferies reports that low-end devices may see price hikes of about 30 percent within the next few years. This price increase could lead consumers to postpone upgrades or buy second-hand phones instead. Additionally, global smartphone shipments are projected to decline significantly, impacting…
Read at The Economic Times(opens in a new tab)
Full coverage
Smartphones could get 30% costlier! How AI is driving up prices of your next upgrade (opens Times of India in a new tab)
Rising demand for memory components due to the AI boom could increase the prices of budget smartphones. Jefferies reports that low-end devices may see price hikes of about 30 percent within the next few years. This price increase could lead consumers to…
Planning to buy smartphone? Prices to rise 30% soon (opens The Economic Times in a new tab)
