TechnologyPhoto: HT TechRedmi Note 17 Pro Max Launches Amid Rising Smartphone Prices
Xiaomi launched the Redmi Note 17 Pro Max priced at ₹49,999 during a challenging market period marked by global DRAM and NAND flash shortages. These shortages, driven by chipmakers focusing on AI data centers, have increased component costs, causing smartphone prices to rise. Global smartphone shipments fell 20% year-over-year in Q3 2026, the lowest since 2012, impacting consumer options and pricing strategies.
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