Rising memory costs may push mobile prices up 30%, could trigger second-hand device market: Jefferies
A Jefferies report warns that growing memory demand from the AI industry is driving costs upward, which could inflate low-end smartphone prices by approximately 30 percent. This price surge may force consumers to postpone device purchases or turn to the second-hand market as an alternative to absorbing the higher costs.
Key points
- AI-driven memory demand pushing production costs higher
- Low-end smartphones could see ~30% price increases
- Consumers may delay purchases or buy second-hand devices
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