From The Tribune
Center Owned by The Tribune TrustRising memory costs may push mobile prices up 30%, could trigger second-hand device market: Jefferies
What's behind this
This year the cost of owning a new smartphone moved sharply as AI data centres bought memory chips in huge quantities, prompting Counterpoint Research to note that handset makers may lose out while chipmakers prioritise them, reflected in rising price tags. Jefferies reports that low‑end devices could see price hikes of about 30 percent, which may lead consumers to postpone upgrades or buy second‑hand phones. Consequently, India’s refurbished phone market is growing, but the sector now needs a higher standard.
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Rising memory costs, driven by growing demand from the artificial intelligence industry, could push prices of low-end smartphones up by around 30 per cent and force consumers to delay fresh purchases or opt for second-hand devices, according to a report by Jefferies.
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Rising memory costs, driven by growing demand from the artificial intelligence industry, could push prices of low-end smartphones up by around 30 per cent and force consumers to delay fresh purchases or opt for second-hand devices, according to a report by Jefferies.
