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Mobile Device Cost Surge in 2023
Regarding the increase in mobile phone prices, the President of the Vision Association for Mobile Device Investors in Jordan revealed that Android device prices have risen by 35.8% since the beginning of the year up to the end of August. He also forecasted that iOS device prices could increase between 10% and 20%. This rise is attributed to the increased demand for memory chips used in data centers, as manufacturers are focusing more on producing servers instead of phones, which has driven up costs at the source. Additionally, global price increases have led to a 10.6% decline in mobile phone imports, despite an increase in their value by 5.6%. It is expected that pressure on prices will continue until 2027, until production lines improve and larger quantities of chips become available.
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