Xiaomi Phones to Get More Expensive next year due to strong cost pressure. The global smartphone market now faces serious supply challenges. Memory chip prices are rising faster than expected worldwide.
Companies struggle to manage these sudden cost jumps today. Xiaomi leaders warn that higher prices may continue. Consumers may soon experience major changes in smartphone pricing everywhere.
Xiaomi Phones to Get More Expensive Because Component Prices Rise
Xiaomi Phones to Get More Expensive mainly because memory chips face shortages. Many chipmakers now focus on building DDR chips. These DDR chips support growing AI data centre needs.
The shift reduces smartphone memory chip production worldwide today. Samsung reportedly raised memory chip prices significantly.
Reports mention almost sixty percent price jumps recently. These increases push smartphone manufacturing budgets much higher.
Xiaomi President Lu Weibing highlighted this growing pressure. He said the next year looks very challenging. He expects heavier cost pressure than previous months. He confirmed future smartphone prices may increase further.
He said companies cannot fully absorb large increases. He clearly stated price hikes alone remain insufficient now. Rising chip costs exceed internal company limits globally.
Rising Prices Already Seen Across Key Markets
Several new flagship smartphones already show higher pricing. The Oppo Find X9 now costs more today. It starts at seventy four thousand nine hundred ninety nine rupees.
The previous Find X8 had lower pricing earlier. OnePlus 15 also costs three thousand more today. These changes reflect rising core component pricing pressures.
Industry leaders continue discussing such unavoidable pricing changes. iQOO India CEO Nipun Marya discussed this challenge recently.
He said raw material costs increased sharply this year. He confirmed companies cannot avoid price hikes forever. He said small increases were manageable earlier today.
However sixty percent increases remain impossible to absorb. He said no company can manage such jumps. Xiaomi President also repeated this same statement publicly.
Xiaomi Phones to Get More Expensive Despite Strong Company Growth
Xiaomi Phones to Get More Expensive even during strong performance periods. The company shipped 43.3 million phones globally. Shipments increased zero point five percent year-on-year recently.
Xiaomi remains the third largest smartphone brand worldwide today. It holds thirteen point six percent market share currently. Total revenue reached 113.1 billion yuan this quarter.
Revenue grew twenty two point three percent year-on-year. Adjusted net profit rose eighty point nine percent. The company earned 11.3 billion yuan in profit.
Xiaomi also expanded new business sectors rapidly this year. Electric vehicles, AI solutions and new businesses grew strongly. These areas contributed one quarter of total revenue overall.
The EV unit earned 28.3 billion yuan last quarter. It also recorded its first operational profit milestone. Xiaomi shares dropped two point eight percent recently. However shares remain up more than eighteen percent yearly.
Xiaomi Phones to Get More Expensive because rising chip costs continue. Global memory shortages now affect major smartphone brands. Companies struggle to manage sudden component price jumps today.
Markets already show clear signs of increasing smartphone prices. Xiaomi warns these pressures may continue into next year. Consumers should prepare for higher pricing across many models.
