Get Ready to Open Your Wallet: Why Smartphones Are Set to Get Costlier in 2026, Says Nothing CEO Carl Pei
Smartphone buyers may need to brace themselves for higher prices this year. Carl Pei, CEO of Nothing, has explained that rising demand for AI and memory chips is set to reshape the smartphone market, making devices more expensive.
A Decade-Long Trend Comes to an EndIn a recent post, Pei stated that 2026 will mark a significant shift in the consumer electronics market, particularly in smartphones. For the past 15 years, the industry relied on a simple assumption: component costs, such as memory (RAM) and displays, would continue to decline. This allowed manufacturers to offer better hardware year after year at the same or slightly higher prices. However, this trend is now coming to an end.
Why Smartphone Prices Will RiseThe surge in AI applications has drastically increased the demand...









