With the entire world jumping on the AI bandwagon, our smartphones and laptops have gotten smarter than ever before. But this advancement comes at a cost — one that’s expected to reflect in the pricing of upcoming smartphones. Well, that’s not all; there are more factors tucked in. Here in this piece of news, we’ll discuss everything about the imminent rise in the price of mobile phones in the near future.
Smartphones Price Increase:
AI Boom
As aforementioned, almost every gadget launching nowadays comes with AI features, either for real or even just for the sake of the name, AI this, AI that, and whatnot! But the rise of AI is putting more pressure on the AI servers, resulting in high-bandwidth memory consumption. Then also add the cost of NPUs, and on-device A. Plus higher the demand, the higher the price will surely make smartphones more expensive, as simple as that.
Memory costs are rising
Just as flagship SoCs have become expensive than before, the cost of DRAM and NAND storage is also rising worldwide. LPDDR5X RAM and UFS 4.0 storage, which are pretty popular for flagship and premium midrange phones, now cost more to produce. Just imagine the newly announced UFS 5.0 storage tech — its rising cost will further drive up production expenses, ultimately increasing the retail price of your next flagship smartphone.
Global costs rising
As we know, the majority of the smartphones are imported through the Indian territory. The Indian rupee is getting weak, which might invite costly shipping costs from China and Southeast Asia in general. And this will directly increase the price of smartphones in Nepal. This ripple effect has already caused brands like Vivo, Oppo, and Xiaomi to raise their prices after the conclusion of post post-festive season in India. Likewise, Realme and OnePlus are also joining the gang.
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Smartphones Price Increase: Conclusion
In short, the AI boom, rising memory costs, and global economic shifts are all driving smartphone prices upward. As devices get smarter and more powerful, production costs naturally rise — meaning your next smartphone will likely be faster, more capable, and yes, a bit more expensive too. And this will also cause the same for your laptops!
