Huawei Predicts More Smartphone Price Hikes Due to Memory Crunch

Huawei plans to raise smartphone prices along with rivals to offset rising memory costs. The company is betting on its chips-to-software edge to protect its lead while exploring overseas markets.

• Huawei to raise smartphone prices, following rivals
• Rising memory costs cited as the driver
• Bets on chips-to-software edge to keep its lead
• Company is exploring markets abroad