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The Economic Times

Economy / The Economic Times

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Budget smartphones under Rs 10,000 may disappear amid rising memory costs

Budget smartphones under 10,000 are set to vanish. Rising component costs, particularly for memory, are forcing brands to increase prices. This shift means fewer budget options for consumers. Major brands are already moving to higher price segments. The market is experiencing a reversal of a decade-long trend of better specs at lower prices.

3 Mar 2026 12:12 am