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Huawei Predicts More Smartphone Price Hikes Due to Memory Crunch
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5 Articles
5 Articles
Huawei Predicts More Smartphone Price Hikes Due to Memory Crunch
Huawei Technologies Co. plans to join rivals in jacking up smartphone prices to counter rising memory costs, betting on a chips-to-software edge to protect its lead while it explores markets abroad.
·New York, United States
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Huawei warns of more smartphone price hikes as the memory chip crunch bites
Huawei says the global memory chip shortage, driven by AI data center demand for DRAM and NAND, has added roughly $200 to the cost of building a smartphone and will keep pushing prices higher. Chinese rivals Xiaomi and Honor have already raised prices too, while Apple has reportedly agreed to pay Samsung nearly double for memory chips.
Huawei plans to further raise smartphone prices to offset the cost burden resulting from rising memory prices.
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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