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Xiaomi Peru: rising costs of components such as memory are pushing up smartphone prices

TechnologyInternationalEl Comercio Perú35 s readAI summary
Image: El Comercio Perú

Xiaomi Peru's general manager said smartphone prices are rising in the market due to higher costs of key components such as memory. The Chinese firm reports a 28% smartphone market share in the first half of 2026, 15 own stores in the country and a plan to reach 60 by 2029. It also expects 60% growth in its ecosystem categories by the end of 2026, driven by home products.

In 35 seconds

  • Xiaomi Peru attributes rising smartphone prices to higher costs of components such as memory
  • The company reports 28% smartphone market share in the first half of 2026 and aims to keep its lead
  • It has 15 own stores, will open two more this year and keeps its goal of 60 by 2029
Read the full story at El Comercio Perú

IASummary generated by artificial intelligence from a story by El Comercio Perú. It may contain errors: the original source prevails.

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