Xiaomi just did something most tech companies have been shying away from — it told the truth about the rise in smartphone memory prices. Lu Weibing, the president of Xiaomi’s smartphone division, took to Weibo (the Chinese microblogging platform) to spill the beans on exactly how the ongoing DRAM crisis has affected its overall manufacturing cost.
XiaomiHow bad are the numbers?
Sourcing 12GB of RAM paired with 512GB of storage now costs Xiaomi roughly 1,500 yuan, about $220, more than it did just a year ago. Yes, you read that right. That’s nearly a fourfold jump in memory costs compared to the first quarter of 2025.
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