Xiaomi's Lu Weibing Discusses "Price Increase of Memory": No consumer electronics player can escape

The Mobile World Congress 2026 is being held today. Lu Weibing, partner, president, and president of the mobile phone department of Xiaomi Group, had a conversation with media such as Sina Technology. Regarding the increase in memory prices, Lu Weibing said that the speed of this memory price increase is extremely fast. "In the first quarter of this year, the global price of memory is about four times that of the same period last year. If the absolute price continues to rise, it will definitely be reflected in the selling price of our end products." Lu Weibing also said: "The impact is very broad, not only affecting mobile phones, but also affecting the entire consumer electronics industry. All players are not spared, everyone will be greatly affected by this."