Huawei faces price reset as memory costs add over $200 per phone

Huawei consumer business group chairman Richard Yu said surging memory component costs have added more than US$200 to the hardware cost of each Huawei smartphone. The increase puts fresh pressure on handset pricing as the broader memory market climbs rapidly.

• Richard Yu: memory costs added over US$200 per Huawei smartphone
• Rising component costs pressure Huawei handset pricing
• Comments come as the broader memory market climbs rapidly