Source: Tech – South China Morning PostThe global memory-chip crunch has forced a mainland Chinese smartphone manufacturer to pull the plug on the launch of a new handset, making it one of the first cancellations affecting the wider industry due to surging prices of the key component.
DreamSmart Group said that its Meizu smartphone brand had cancelled the release of Meizu 22 Air, a slim handset similar to Apple’s iPhone Air.
“The sharp rise in memory prices since the fourth quarter has not only impacted [production] costs, but also…Read More