Nothing CEO Carl Pei Predicts Smartphones May Not Get Major Discounts During Sales Due to Ongoing Chip Shortage

Nothing co-founder and CEO Carl Pei has warned that smartphone prices could continue rising as memory costs increase due to growing demand from the AI industry. He said memory prices have surged significantly and are becoming one of the most expensive smartphone components. According to Pei, manufacturers may have to raise prices or reduce specifications to offset hig...