Huawei faces price reset as memory costs surge

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 10 Oct, 06:29 UTC

Huawei consumer business group chairman Richard Yu said surging memory component costs have added more than US$200 to the hardware cost of each Huawei smartphone, putting fresh pressure on handset pricing as the broader memory market climbs rapidly.