Full Smartphone Price Hike List (May 2026)

Update: We last updated this article with price hikes for Nothing, OnePlus, Redmi, Realme, and AI+ on May 4, 2026

Are you in the market for a new smartphone? Well, you are out of luck as the AI has made literally every phone out there expensive. Since AI centres require a lot of storage and memory, this resulted in an artificial chip shortage, ultimately affecting smartphone prices. With key components like RAM and storage getting affected by the crisis, phone prices have surged across the board. Whether you are looking to buy a budget phone or a flagship, the price hike seems to have affected all of them. So if you are looking to buy a new smartphone, this smartphone price hike list will prepare your wallet for the pricey purchase.

Brand Wise List Of All Smartphone Price List:

It’s not just flagships, as budget phones are also getting affected by the ongoing price hike. Here is a list of all the smartphone brands and their models that have seen a price hike:

Samsung Smartphone Price Hike List

Samsung is one of the few smartphone brands that offer a phone in each price segment. But it has hiked prices for its mid-range phones, especially the A, M, and F series, which are exclusive to the Indian market. Here is the revised pricing for Samsung smartphones after the price hike:

Realme Smartphone Price Hike List

Realme seems to be heavily impacted by the AI and chip shortage crisis, resulting in hikes for older as well as newer phone models. Even the recently launched Realme 16 Pro series is getting a price hike apart from the company’s older models. Here is the pricing for Realme smartphones after the price hike.

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iQOO Smartphone Price Hike List

Vivo’s sub-brand, iQOO, has also been affected by the chip shortage caused by AI datacentres. While the company has been known for its aggressive smartphone prices, it has also had to increase the prices across its lineup. The iQOO Z11x and iQOO 15R are the latest victims of the price hike trend.

The iQOO Z and the Neo series have seen a surge in pricing. That being said, here is the pricing for iQOO smartphones after the price hike.

Xiaomi Smartphones Price Hike List

Xiaomi has also hiked the prices of its smartphones mostly affecting its budget as well as mid-range offerings. From the entry level Redmi A5 to the Redmi Note 15 series, here are all the Xiaomi phones that become pricier:

Poco Smartphones Price Hike List

Interestingly, Xiaomi’s sub-brand Poco has also hiked the prices for its mid-range and entry-level phone. Even the “flagship killer”, Poco F7, has got a massive hike of ₹4,000, catapulting it into the sub ₹40K segment. Here is the pricing for Poco smartphones after the price hike.

Nothing And CMF Smartphones Price Hike List

If you were hoping that a newcomer like Nothing would be spared from the ongoing chip shortage, you are wrong! While the company hasn’t hiked prices for its flagship Phone (3), some recent offerings like the Phone (4a), Phone (4a) Pro remain affected. Even the budget-friendly Nothing Phone (3a) Lite has gotten a second price hike.

OnePlus Smartphones Price Hike List

OnePlus has raised the prices of its flagships, the OnePlus 15 and 15R. This is the second time that the OnePlus 15R is getting a price hike. Earlier, OnePlus had increased the price of the Nord 5 and 15R just before the release of the Nord 6. Here are the prices for OnePlus phones after the price increase:

Oppo Smartphone Price Hike List

After Samsung, it’s Oppo that has a vast portfolio of devices targeting consumers across several price brackets. With the company catering to both online and offline consumers, an impending price hike was a question of when rather than if. The price hike has affected the premium Reno 15 series as well as budget devices in the K series. Here is the pricing for Oppo smartphones after the price hike.

Vivo Smartphone Price Hike List

Vivo has been at the forefront of price hikes with multiple price hikes across its range. Since its portfolio caters to a wide range of audiences, budget models in the Vivo T and Y series are affected. If you are looking for a sub-25K Vivo phone, these are the prices you will need to pay after the hikes:

Lava Smartphone Price Hike List

If you thought Lava being an Indian brand could avoid the price hikes, you are wrong! While the company has not increased prices for its Agni series, entry-level models like the Shark and Play series remain affected even though they don’t have any AI features to offer. That being said, here is the pricing for Lava smartphones after the price hike.

Motorola Smartphone Price Hike List

Motorola was one of the few brands that had resisted raising prices on its phones so far. But now the chip shortage seems to have hit them as well. These are mostly budget and mid-range phones that cater to those on a strict budget. From the budget G35 to the mid-range Edge 60 Fusion Here is the new pricing for Moto smartphones after the price hike:

AI+ Smartphone Price Hike List

Apart from being embroiled in several controversies, AI+, the Indian brand, has hiked the prices for its older smartphones. The AI+ Pulse and AI+ Nova 5G have become expensive compared to their launch prices. Even their newest AI+ Nova 2 series has become pricier within days of launch. Here are the new prices for these AI+ phones:

Tecno Smartphone Price Hike List

Tecno, the subsidiary of Transsion Holdings and a brand renowned for its budget offering, has also raised prices. Although the price increase is limited only to its mid-range phone, the Tecno Pova Curve 2. Here are the new prices for Tecno smartphones:

Why Are Phones Becoming Expensive?

The main reason why phones are getting expensive is Artificial Intelligence (AI). The data centres required to run AI have skyrocketed the demand for High Bandwidth Memory (HBM). These chips are produced by three companies: Samsung, Micron, and SK Hynix. Micron is shutting down its 29-year-old consumer-focused Crucial brand. Samsung and SK Hynix have reassigned significant portions of their fabrication lines to cater to this massive demand.

This has resulted in a shortage of DRAM and NAND flash storage, two components that are crucial for consumer electronics such as smartphones. These components represent a massive share of the total bill of materials (BoM). While brands can absorb the prices of these components in their flagship phones, budget and mid-range phones remain severely affected. With prices ranging from ₹500 to ₹5,000, buying a new phone seems to be a struggle for many people.

Another cause of concern is the depreciation of the Indian Rupee against the US Dollar. Given that a substantial portion of critical smartphone components are imported, the weakening of the rupee has resulted in a massive surge in hardware costs. This dual pressure of rising global component costs and local currency weakness has made the “more specs for less money” model, which previously defined the Indian smartphone landscape, largely unsustainable.

As a result, brands have started cutting corners by downgrading specifications to maintain price points or reducing the storage/RAM offered in the base variant. With experts predicting the chip shortage to last until 2027-28, your next smartphone will only get pricier over time.