AI memory crunch set to lift India smartphone, PC prices 5–10% over 12–18 months

HBM and advanced DRAM capacity is being rerouted to AI servers, with memory prices up 30–50% and 80+ smartphone models already repriced 15%. IESA and Counterpoint flag tightness through 2026–2027, with entry-level and mass-market devices facing the sharpest affordability squeeze in India.

— Source publishedFri, 22 May, 2026, 19:38 IST·First seen Fri, 22 May, 2026, 23:03 IST·Source Financial Express · BrandWagon

What happened

IESA · AI-driven demand for HBM and advanced DRAM is diverting memory capacity from consumer electronics, pushing smartphone and PC prices up 5-10% in India

Key facts

  • 5-10% device price hike
  • 10-15% in some categories
  • memory prices up 30-50%
  • 80+ smartphone models +15%
  • tightness through 2026-2027

Why this matters

Scout acquisitions or long-term supply tie-ups with DRAM/HBM-adjacent players and distressed entry-tier device brands likely to consolidate as affordability pressure peaks into 2027.