Surging memory chip prices make profitable budget phones ‘impossible’, analysts say

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As the memory chip shortage persists, budget smartphone makers are taking the hardest hit, with analysts warning that low-priced handsets have become “impossible to manufacture” profitably.The cost of memory for handsets priced under US$100 is expected to surge 400 per cent in the third quarter of 2026, with the bill of materials for the most common configuration reaching US$70 from just US$14 in the same period last year, according to data from research firm Omdia.Current memory prices have...