Apple Loses Grip on Memory Suppliers as iPhone Prices Rise

Apple's leverage over flash-memory suppliers is weakening as AI data centres absorb chips used in iPhones, The Wall Street Journal reported. Flash prices have roughly quintupled, and the wider memory shortage could keep phones and PCs expensive for years.

• Flash memory prices have roughly quintupled
• AI data centres are absorbing memory chip supply
• Apple is losing leverage over suppliers
• The memory shortage could keep prices high for years