There may soon be a huge increase in the price of Samsung smartphones. Especially Galaxy M and Galaxy A series phones may be most affected by this increase. The biggest reason behind this sudden rising price is said to be the increasing demand for AI (Artificial Intelligence) technology, due to which the prices of memory chips have increased by about 50%.
Memory chips are an important part of any smartphone. Your data, apps, photos and files are stored in these. Demand for AI servers and high-bandwidth memory (HBM) chips has increased rapidly in recent months.
On the other hand, there have been many restrictions and problems in their supply also. Due to both these reasons, smartphone companies now have to buy these chips at more expensive prices than before.
When the cost of a major part of a product increases, the company has only two options left: either bear the loss and sell it at the old price, or compensate for the loss by increasing the price.
A big company like Samsung does not want to suffer losses for a long time, hence now the increase in the prices of smartphones is considered almost certain.
Which phones will be affected?
The biggest impact of this price hike will be seen on mid-range smartphones of Samsung Galaxy M series and Galaxy A series, because the company’s profit on these models is already very low.
At the same time, there will be no major change in the prices of flagship phones like Galaxy S series, because they already fall in the premium range.
Important advice for customers
If you are thinking of buying a new Samsung smartphone in the coming months, then it would be better to buy now, because the price of mid-range phones may increase significantly in the next few months.
