AI infrastructure is making smartphones pricier
Consumer electronics and AI data centers need memory chips. But there are only a handful of companies in the world that make them. The surge in demand has caused memory shortages and price spikes for everything, including our all-important smartphones.
Gerrit Schneemann is principal analyst at Counterpoint Research, which recently reported global phone prices have jumped by an average of 15%, and even more in markets where consumers can least afford it.
“The AI boom is making the world’s cheapest smartphones disappear” from Rest of World
“Global Existing Smartphone Prices Climb…
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