SHANGHAI -- Chinese electronics makers Lenovo Group and Xiaomi have become the latest tech companies to flag price hikes due to a shortage of memory chips used in smartphones and laptops.
Technology
Lenovo, Xiaomi flag price hikes as memory chip costs rise
AI demand is causing component supply crunches and impacting margins
Lenovo, the world's largest personal computer maker, has flagged higher component prices due to the AI boom. (Photo by Mizuho Miyazaki)
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