Key Points
Smartphones may become costlier from the June quarter onwards due to rising memory chip prices and strengthening of the Chinese yuan..
The increase may, however, be partially offset by recent import duty cuts on mobile phone parts ahead of the interim budget, industry executives said.. There is an upward trend in DRAM (memory chips) prices, with two key suppliers - -Samsung and Micron - expected to implement a 15-20% price increase in the March quarter, said market researcher Trendforce..
This is largely due to tighter supply of DRAM in 2024, following accelerated adoption of artificial intelligence and high-performance computing, along with a gradual recovery in smartphone and PC markets, it added...
The impact of the price hike will be felt from the next quarter onwards as most vendors currently have adequate inventory of components to supply products in the March quarter, a top smartphone industry executive, who did not wish to be named, told ET...
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Are you planning to buy a smartphone? You may prefer getting it before June; here's why
06, Feb, 24The price of memory chips in India could rise by 10-15% by late February or early March, but recent tax cuts may help offset the impact. Brands may also start offering lower memory and storage in budget smartphones.