Report
Chinese phone makers raise flagship prices by up to 3,000 yuan over previous generations
Caixin reports that rising memory costs are pushing up flagship phone prices. It says Vivo, Oppo, Xiaomi and Honor are passing higher component costs to buyers while betting more on AI and video recording features.
TLDR
Caixin reports that Chinese smartphone makers, including Xiaomi, have raised prices for their latest flagship phones by up to 3,000 yuan compared with previous generations amid rising memory costs. It names Vivo, Oppo, Xiaomi and Honor as brands passing higher component costs to consumers and betting more on AI and video recording features to differentiate their devices.
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