Memory crunch: Chinese tablet makers Xiaomi and Honor raise prices as chip costs surge

Source: Tech – South China Morning PostChinese tablet makers, including Xiaomi and Honor, have raised prices across their product lines as they scrambled to absorb soaring costs of memory chips.
Xiaomi, the Beijing-based smartphone and electric vehicle maker, has imposed mark-ups of 100 yuan (US$14) to 300 yuan on several tablet products this week, including its entry-level Redmi Pad 2 and the premium Xiaomi Pad 8 series.
The Redmi Pad 2, launched in June this year with a starting price of 999 yuan, now carries a price tag of 1,199…Read More

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