Ai+ Phones May Cost Up to ₹3,000 More After Diwali
Ai+ smartphone prices are expected to rise by up to 10 percent after Diwali. The reasons given are a memory crisis, lower stock levels and a weaker rupee against the US dollar. For buyers, the increase could mean paying as much as ₹3,000 more for a phone.
Context
Context: A memory crisis refers to shortages and rising costs of memory chips used in phones and computers, which pushes up device prices across brands. A weaker rupee makes imported parts and phones more expensive for Indian sellers.
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