TechCrunch·3 min read·medium
AI-driven memory crunch jolts India’s smartphone market
J
Jagmeet Singh
✦AI Summary
Rising demand for high-bandwidth memory chips in AI data centers is causing supply shortages and price hikes for consumer electronics. India's smartphone market has been particularly affected, experiencing a significant decline in shipments as costs for budget-friendly handsets rise.
Months after analysts warned that AI-driven demand for memory chips would ripple through consumer electronics, India is providing the strongest evidence yet that the disruption has arrived, with rising handset prices reshaping the smartphone market.
technologybusinesseconomy
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