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Budget Phones in Crisis | Tech News
Description
Phones under $400 are about to get way more expensive—potentially up 22% by late 2027—as AI’s hunger for memory drives up costs. Budget buyers feel the squeeze hardest, with memory prices nearly doubling in months. Manufacturers are cutting corners, but soon may stop making cheap phones altogether. High-end models keep advancing, leaving cash-strapped consumers with fewer options. The good news? Prices should stabilize by fall 2027 as AI demand slows and memory floods back in. For now? Hold onto your current phone—or brace for a deeper wallet.
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