ET Graphics: From budget to premium, gadget Prices Rise
Indian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This surge is primarily due to a global shortage of essential memory chips, as manufacturers divert production to...
Smartphone, laptop, and tablet prices in India have surged across both budget and premium segments, driven by a severe global shortage of DRAM and NAND flash memory as chipmakers aggressively prioritise high-margin components for AI data centres over consumer electronics. A depreciating rupee is further compounding the sharp inflation. Apple’s price revisions are only the latest in a long list of similar hikes.
