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Smartphone Prices Rise Amid Memory Shortage
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Nothing CEO Carl Pei warned on Jan. 14, 2026 that rising component costs—especially memory—will force smartphone prices higher in 2026. He said AI companies are locking memory supply years in advance, sharply pushing up chip prices and upending the decade-long trend of cheaper components. Pei cautioned budget and mid-range phones will be hit hardest, and Nothing expects lineup price increases.
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