Smartphones could get 30% costlier! How AI is driving up prices of your next upgrade
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
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 s...
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 the affordable segment the most.
Original Source
https://timesofindia.indiatimes.com/business/india-business/smartphones-could-get-30-costlier-how-ai-is-driving-up-prices-of-your-next-upgrade/articleshow/135565021.cms
