The surge successful memory/storage prices owed to the ongoing proviso shortage has led to higher smartphone prices, which has besides affected the business. Xiaomi, for example, shipped 33.8 cardinal smartphones successful Q1 2026, a 19.2% diminution from Q1 2025. However, a caller study claims that Xiaomi is expecting the concern to amended arsenic it has raised its yearly smartphone income people from astir 90 cardinal to 110 cardinal units.
The report, citing proviso concatenation sources, states that astir of the further shipment measurement is expected to travel from entry-level devices.
A idiosyncratic acquainted with the substance says that Xiaomi has accrued its yearly smartphone income target, arsenic it believes representation prices are poised for a reversal and could stabilize.
We truly anticipation that's the case, arsenic the representation proviso shortage and higher constituent costs person sent smartphone prices skyrocketing, with immoderate products being canceled oregon getting a constricted release.
Back successful April, Xiaomi President Lu Weibing revealed that the institution was paying CNY1,500 more than it did successful Q1 2025 for a bundle of 12GB RAM and 512GB storage. So here's hoping that representation prices stabilize soon, arsenic it volition beryllium successful the champion interests of some customers and smartphone brands.
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