POCO’s significant price hike shows impact of global memory shortage—some models up PHP 11K

POCO’s significant price hike shows impact of global memory shortage—some models up PHP 11K

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Unfortunately, the global components and memory shortage problem is real.File photo: POCO F8 UltraPrice hike spottedEven POCO, the Xiaomi-related brand known for delivering some of the best bang-for-the-buck products, has considerably increased the pricing of its products recently.An article from Reuters revealed that Xiaomi earlier warned that the memory chip shortage would squeeze profitability, and hiking prices may be the only way to cope.Fast-forward to late June 2026, and we are already feeling the effect.Filipino Redditors on r/Tech_Philippines noticed many POCO phones are now more expensive compared to when they were first introduced in the country.Upon checking on POCO’s official LazMall page, they are right. No official announcements were made.POCO X8 Pro Max new SRP in PHFor example, the POCO…Read More

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