Ajay Kumar Verma
The biggest price increase has been seen in Vivo T5 Pro series. The 8GB RAM and 128GB storage variant of Vivo T5 Pro was available at Rs 29,999 at the time of launch, but now its price has increased to Rs 32,999.
Whereas the price of 8GB RAM and 256GB storage model has increased from Rs 33,999 to Rs 36,999. That means customers will now have to spend Rs 3,000 more on both the variants.
iQOO has also changed the prices of many of its smartphones. The company’s flagship smartphone iQOO 15, which was launched in 12GB RAM and 256GB storage variant for Rs 72,999, will now be available for Rs 74,999. Whereas the price of 12GB RAM and 512GB storage model has increased to Rs 81,999.
Apart from this, the prices of iQOO 15R have also increased. Now its 8GB + 128GB variant is available for Rs 47,999, 12GB + 256GB variant for Rs 52,999 and 12GB + 512GB model for Rs 59,999.
Let us tell you that iQOO Neo 10 has also become expensive. Its 8GB + 256GB variant is now selling for Rs 37,999 and 12GB + 256GB model for Rs 42,999.
What is the reason for price increase?
Experts believe that the global shortage of memory chips is a major reason behind this price increase. For the last few months, the prices of RAM and storage chips have been continuously increasing, due to which the cost of making smartphones has increased. To balance this additional cost, companies are increasing the prices of their products.
Although an increase of Rs 1,000 to Rs 3,000 may not seem huge, it may impact the purchasing decision of customers in the mid-range and premium smartphone segments. In such a situation, if you are thinking of buying a new smartphone, it may be wise to take the decision before the prices increase further.
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