Xiaomi Addresses DRAM Crisis Impact on Smartphone Prices
April 3, 2026 at 15:06
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✦ AI Summary
- DRAM shortage has significantly raised smartphone production costs
- Manufacturers are now paying much more for memory components
- Xiaomi details the financial strain on smartphone pricing
Xiaomi recently shed light on how the global DRAM crisis is influencing smartphone pricing. Lu Weibing, the president of Xiaomi's mobile division, revealed that the cost for memory components, which include both RAM and storage, has surged considerably.
This increase in costs has added an estimated $220 to the price of smartphones, placing significant financial pressure on manufacturers and consumers alike.
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