Xiaomi is increasing prices for several smartphone and tablet models by up to ¥20,000, citing unsustainable surges in global memory and component costs affecting its product lineup.

Key Points

• Xiaomi will raise prices on the 17T Pro and various POCO X8 Pro configurations by approximately ¥20,000 starting in early September.
• The price adjustments, which include tablets, are attributed to rising global memory costs that the company can no longer absorb.
• New pricing for Xiaomi and Redmi products takes effect September 1, while updated POCO model pricing begins September 4.
• Xiaomi reported a 7.5% year-over-year decline in smartphone revenue and a 26% drop in shipments during the second quarter of 2026.
• The company previously attempted to maintain aggressive mid-range pricing but is now shifting costs to consumers to offset component inflation.

Why it Matters

These price hikes signal a broader industry trend where manufacturers are struggling to maintain budget-friendly pricing amid persistent memory shortages and rising component costs. As major players pass these expenses to consumers, the market may see a decline in demand for mid-range devices that were previously positioned as affordable alternatives to premium flagships.