Smartphone memory prices have increased nearly four times since September 2025 and are expected to rise further, potentially reaching five times their previous levels in the coming months

The memory crunch has dragged down global smartphone shipments to the lowest second-quarter levels in 13 years.

Apple takes 20 percent of global market, Samsung retains top spot as mid-range sellers hit by record contraction

Memory and storage now account for more than 60% of production costs for some budget smartphones and over 30% for premium models

India's smartphone market faces a 10% decline in Q2 2026 as rising prices weaken consumer demand and sales plummet.