Huawei has raised prices on several of its smartphone models, according to a report from Huawei Central. The move follows a reported increase in the cost of memory components, which has affected pricing across the industry.
The price adjustments were not limited to Huawei. A separate report from Moomoo notes that Huawei, Xiaomi, and Honor all adjusted prices on the same day, with increases reaching as much as 1,000 yuan on certain models. The Manila Times also reports that major Chinese smartphone makers have raised prices, citing similar cost pressures.
Huawei Central attributes the increase to a hike in memory prices. A report from Zamin.uz adds that memory component costs have surged to the point where they now exceed the cost of processors in some smartphones. This marks a notable shift, as processors have traditionally been the most expensive component in a handset.
