It seems that a lot of brands are raising the prices for their smartphones. Rumour says that could include vivo and iQOO too. That said, what should you know about it?
The impact will arrive on the global market soon
For your information, OPPO and OnePlus have been raising prices since March 16, while vivo and iQOO are reported to be implementing the increase starting March 18, 2026. Although this announcement was made specifically for the Chinese market, it is likely that the impact will also be felt in the global market.
Additionally, the manufacturer has only stated that certain models will be affected without providing a clear list of phones that will receive price increases. They also stressed that this decision was influenced by the sudden and ongoing increase in global semiconductor and storage costs.
Moreover, the rising memory costs are a major factor, coupled with a chip market that is increasingly burdened by huge demand from giants in the field of artificial intelligence (AI). More worryingly, the risk of helium shortages could also affect chip production, adding to the pressure on the industry.
Furthermore, analysts have long warned that smartphone prices would rise. Now, those warnings are becoming more evident as the upward trend in prices becomes clearer and is expected to continue, with more companies likely to follow suit in the near future.
Stay tuned to TechNave.com for more updates like this.
