Inflation is going to hit the customers who missed buying phones during the festive season sale. Mobile companies have started increasing the prices of their smartphones. The prices of the models already present in the market have increased by Rs 2,000, while the prices of upcoming premium phones are also expected to rise by Rs 6,000. In such a situation, if you buy a new phone then it will put more burden on your pocket.
Why are prices increasing?
Moneycontrol has quoted sources in its report as saying that the prices of mobile phones have started increasing due to reasons like rising cost of memory components, pressure on the supply chain and weakness of the Indian rupee against the dollar. The supply of memory chips used in entry and mid-level phones is also being disrupted.
These companies increased the prices
Companies like Oppo, Vivo, Xiaomi and Samsung have made their popular models expensive, while OnePlus, Motorola and Realme can also increase the prices this week. Oppo has increased the price of F31 by Rs 1,000 and Reno14 and Reno14 Pro by Rs 2,000. Similarly, Vivo’s T4 Lite and T4x models have become costlier by Rs 500. Talking about Samsung, it has increased the price of Galaxy A17 by Rs 500 and has also removed the charger worth around Rs 1,000 from the box.
Premium models will be more expensive
Apart from entry and mid-level phones, premium phones will also be affected by the increased prices. According to sources, Oppo Find X9 series, Xiaomi’s 17 series and Vivo X300 series will also be launched with increased prices. According to reports, due to rising prices of components like memory chip, chipset and display, new models of every segment will be launched at a higher price than before.
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