If you are planning to buy a new tablet, this news is important for you. Until now, users troubled by rising smartphone prices were hoping tablets would remain affordable.
However, inflation has now started affecting tablets as well. Chinese tech giant Xiaomi has increased the price of its popular tablet by 20%, making it clear that tablets may not stay cheap in the future.
Xiaomi is not the only company raising prices. Brands like Vivo and Realme have also increased the prices of several popular smartphone models by up to ₹2,000.
The main reason behind these price hikes is the rising cost of memory components such as RAM and internal storage (ROM).
Why Tablet and Smartphone Prices Are Rising
One major reason for the price increase is the declining supply of LPDDR4 memory chips. Globally, companies are shifting their focus to newer LPDDR5 technology, which is reducing the availability of LPDDR4.
This change is directly affecting budget and mid-range devices that rely heavily on LPDDR4 memory.
What This Means for Users
Due to higher component costs, both tablets and smartphones are becoming more expensive. This trend may continue in the near future, making affordable devices harder to find.
Users who are planning to buy a new device may want to keep an eye on prices and consider making a purchase sooner rather than waiting longer.
