Memory chip crunch squeezes India's sub-Rs 25,000 smartphone segment as prices climb

A memory chip supply shortage is pushing up handset prices across India's mid-range market. Ten current models from Poco, Realme, iQOO, Motorola, Vivo, Xiaomi and Samsung still fit the under-Rs 25,000 band, spanning Rs 18,999 to Rs 24,999, amid sale-season buying.

— Source publishedFri, 3 Jul, 2026, 15:11 IST·First seen Fri, 3 Jul, 2026, 15:18 IST·Source NDTV Profit

What happened

Various smartphone brands · Memory chip supply crunch is pushing up smartphone prices in India, squeezing the mid-range under-Rs 25,000 segment. Piece lists ten

Key facts

  • Rs 18,999
  • Rs 19,999
  • Rs 21,999
  • Rs 22,999
  • Rs 23,999
  • Rs 24,999
  • Rs 24,499
  • Rs 25,000 price band
  • 7000mAh battery

Why this matters

Component cost inflation squeezing the crowded sub-Rs 25,000 tier could accelerate consolidation and supply-chain partnerships as weaker OEMs struggle to hold the under-Rs 25,000 price ceiling.

What to watch

  • DRAM/NAND contract price indices and supplier capacity guidance
  • Number of models remaining under Rs 25,000 quarter-over-quarter (currently 10)
  • OEM MRP revisions or variant delistings on major e-commerce platforms
  • Festive/sale-season sell-through and inventory days
  • INR/USD movement amplifying imported component costs
  • OEMs push exchange bonuses, no-cost EMI and bank cashback to preserve effective sub-Rs 25,000 pricing without cutting list price
  • Brands rebalance SKUs toward higher-margin 5G models and quietly discontinue thin-margin base variants
  • Retailers front-load inventory ahead of expected cost pass-through, clearing older stock during sale season
  • Component-secure players (Samsung, Xiaomi with scale) may hold price to grab share from smaller brands