Nothing CEO says phone prices are going to keep going up (opens original article in a new tab)

Nothing CEO Carl Pei warns that phone prices will keep increasing due to rising RAM costs, with memory now making up over 50% of the total hardware cost and price hikes already affecting new models.

• Nothing CEO Carl Pei states that phone prices will continue to rise due to increased RAM costs
• RAM now accounts for over 50% of the cost of a new phone
• Memory shortages have caused price hikes with some phones launching up to $100 more expensive than predecessors