Smartphone Prices To Rise 7% Due To A.I. Chip Shortage
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Smartphone prices are expected to rise by 7% in 2026 due to a shortage of A.I. chips, according to Counterpoint Research. The average selling price of smartphones could increase by 6.9% year-over-year, while global shipments may decline by 2.1%. DRAM prices, crucial for smartphones, could rise by 40%. Apple and Samsung are best positioned to handle these cost pressures. Some companies may downgrade components to minimize price hikes. Apple's stock has risen 12% this year.
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