Motorola Budget Phones See Price Hikes

Motorola's budget smartphone offerings have experienced significant price increases, with some models becoming up to 50% more expensive. This surge in cost is attributed to the ongoing global shortage of essential electronic components, particularly memory chips. The scarcity impacts the supply chain, forcing manufacturers to pass on higher procurement costs to consumers. As a result, devices previously considered highly affordable are now entering a higher price bracket, potentially affecting consumer purchasing decisions in the budget segment of the smartphone market.