Jefferies sees memory costs lifting low-end phone prices 30%
In short
Jefferies said memory costs are rising because AI demand is growing. It warned that low-end smartphone prices could go up by around 30%.
That could make cheap phones harder to afford and push some buyers toward second-hand devices.
What the reporting says
Jefferies said rising memory costs, driven by demand from the artificial intelligence industry, could push low-end smartphone prices up by around 30%. The report also said consumers may delay buying new phones or turn to second-hand devices.
Why it matters
Jefferies warned that higher memory costs, linked in the summary to AI demand, could raise low-end smartphone prices by about 30%. It said that could force consumers to delay upgrades or buy used devices instead.