Flagship smartphones in India may get expensive as cost of AI weighs on chipsets, components

NEW DELHI: The integration of artificial intelligence (AI) could become a double-edged sword for smartphone brands, with industry executives and experts expecting that the rising costs of chipsets and memory modules may make flagship handsets expensive by about 10-15% in India in the coming quarters.

The rising costs, if passed on to mid-range model buyers, could further dull the smartphone shipments in India this year, according to analysts.