Smartphone prices are increasing due to higher component costs for manufacturers. Several brands like Realme and Samsung have already raised prices on select models. Consumers are becoming more cautious about spending and waiting for discounts. Sales have remained below previous levels, with promotions offering temporary relief.

Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15 percent for new orders, two people familiar with the matter said, as demand for AI…

India’s smartphone market is shrinking, but phones are getting more expensive.Shipments fell 11% in Q2 2026, while the average selling price hit a record $315, up more than 14%.…