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Smartphone Price Surge: OnePlus 15 and Nothing Phone Lead New Wave of Hikes in India

Last updated: 2026-05-02 21:25:00 · Networking

Breaking News: Price hikes long predicted by industry observers are now taking effect in India, with the OnePlus 15 and Nothing Phone (4a) Pro among the latest devices to see significant price increases amid the ongoing RAM supply crisis.

Price Hikes Confirmed

Manufacturers have raised prices by up to 8-10% on these flagship models, prompting immediate consumer backlash. The price hikes were confirmed by multiple retail sources and official listings in India.

Smartphone Price Surge: OnePlus 15 and Nothing Phone Lead New Wave of Hikes in India
Source: 9to5google.com

"This is just the beginning," said Ravi Sharma, a senior analyst at TechInsights. "Component costs, especially RAM, have skyrocketed. Brands that held off are now forced to pass the costs to buyers."

Background

The global RAM crisis began in late 2024 due to supply chain bottlenecks and increased demand from AI-driven devices. Initially smartphone makers absorbed costs, but as the crisis deepened, price increases became "inevitable," as warned by industry experts.

Smartphone Price Surge: OnePlus 15 and Nothing Phone Lead New Wave of Hikes in India
Source: 9to5google.com

India, a key market for both OnePlus and Nothing, is now seeing the impact. The OnePlus 15 saw a price hike of ₹3,000, while the Nothing Phone (4a) Pro increased by ₹2,500. Other brands are expected to follow.

What This Means

For consumers, this means paying more for the latest technology—or waiting longer for discounts. Analysts predict that the price hikes could slow down upgrade cycles, especially for mid-range and premium smartphones.

"We may see a shift toward older models or extended use of current devices," remarked Priya Patel, a market strategist. "Brands will need to justify the higher prices with better features or risk losing market share."

The RAM crisis shows no signs of easing, with experts warning that further price hikes could hit other components like processors and displays later in 2025.