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Marketplace Tech

Marketplace Tech

AI infrastructure is making smartphones pricier

Marketplace Tech · Oct 29, 2026 · 5:12

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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.


More on this:


“The AI boom is making the world’s cheapest smartphones disappear” from Rest of World


“Global Existing Smartphone Prices Climb About 15% in 2026, New Launches 25% Costlier YoY as OEMs Maneuver Memory Price Hikes” from Counterpoint Research

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