"According to Xiaomi President Lu Weibing, the company is now paying CNY 1,500 ($217) more for a package of 12GB of RAM plus 512GB of storage than in the first quarter of last year."
"The price Xiaomi is currently paying for the RAM/storage package is about $288, which is almost four times more than what it expects to pay in 2025."
"Xiaomi will increase the price of the Redmi K90 Pro Max by CNY 200 ($29) while absorbing most of the RAM/storage appreciation, indicating the impact on their margins."
"If the prices for RAM and storage modules keep going up, it is probably a matter of when, not if, further price hikes will occur internationally."
Xiaomi President Lu Weibing revealed that the company now pays CNY 1,500 ($217) more for a package of 12GB RAM and 512GB storage compared to early last year. The current cost is approximately $288, nearly four times the price expected in 2025. As a result, Xiaomi plans to increase the price of the Redmi K90 Pro Max by CNY 200 ($29) while absorbing most of the cost increase. Ongoing promotions for other models will be canceled, and further international price hikes may occur if costs continue to rise.
Read at GSMArena.com
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