Xiaomi signals further India phone price increases amid memory constraints

Xiaomi expects additional price increases for phones in India through the second half of 2026, according to DigiTimes Daily, which cites comments from the company's local leadership. The report links the expected increases to a continuing global chip shortage and tighter memory availability. Memory costs are especially important in lower-priced smartphones, where DRAM and storage account for a meaningful portion of the bill of materials while margins are comparatively thin. If suppliers cannot absorb those costs, retail pricing becomes one of the few ways to protect profitability. The report concerns one market and one handset maker, so it is not a comprehensive measure of mobile-memory pricing. It is nevertheless a useful downstream signal that constrained memory supply is being passed through to consumers in a major smartphone market.