Nothing CEO says phone prices are going to keep going up

Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.

If you’re thinking about upgrading your phone, “the best time was yesterday,” according to Nothing CEO and co-founder Carl Pei, echoing a message we heard during MWC. As Android Authority reports, Pei said in a post on X that the RAM shortage has already impacted Nothing’s less expensive mid-range phone: “For Phone 4A , memory costs doubled between when we decided to build the device and when it launched. They’ve doubled again since.” He warned that “Phone prices are going up, and they’ll keep going up into next year.”

Pei says RAM can now account for over 50 percent of the cost of a new phone. Nothing’s just the latest phone maker to warn of looming price hikes — Samsung and Google...

Copyright of this story solely belongs to theverge.com. To see the full text click HERE