Cheap smartphones could soon be a thing of the past, as AI boom snaps up chips — more than 230 million devices a…
- Report claims production of budget smartphones could drop by 40% by 2030
- The increasing costs of RAM and chipsets thanks to the AI data center boom are key factors in the forecast
- In addition, basic product lines aimed at the lower end of the market are becoming less profitable as minimum spec phones are overlooked in favour of portable media production devices
It could be time to start saving for your next phone, thanks to the increasing demand for RAM, processors, and SoCs, new research has claimed. The AI data center boom has driven various price rises across the electronics industry over the past few years, and now it seems that the days of the budget smartphone could be numbered – and at best, they may be hard to come by for a while.
Forecasting by Counterpoint Research estimates smartphones below the $200 figure could shrink by 40% by 2030...
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