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Rising memory costs may push mobile prices up 30%, could trigger second-hand device market: Jefferies

Source: Livemint ·

Rising memory costs may push mobile prices up 30%, could trigger second-hand device market: Jefferies

Rising memory costs, driven by growing demand from the artificial intelligence industry, could push prices of low-end smartphones up by around 30 per cent and force consumers to delay fresh purchases or opt for second-hand devices, according to a report by Jefferies.

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