Source: Tech – South China Morning PostChinese smartphone maker Vivo on Monday said it will increase handset prices, citing surging semiconductor and memory costs, joining peers such as Oppo and Honor.
Vivo, along with its sub-brand iQOO, will adjust prices from Wednesday, though the scale has not yet been disclosed. The move came in response to the “continued sharp rise in global semiconductor and memory costs”, the company said.
Last week, Oppo said it would adjust prices, with the new pricing taking effect on Monday.
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