Xiaomi warns of more India price hikes as AI squeezes the phone from both sides

DIGITIMESSeptember 7, 2026en

The same AI boom that is filling handsets with new features is draining the memory supply that makes cheap phones possible—and in India, the world's second-largest smartphone market, buyers are paying for both. Xiaomi India's leadership told HT Tech that prices will keep climbing through the second half of 2026 as the global chip shortage persists, even as the company doubles down on AI features it says should be felt rather than seen.

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