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Xiaomi 14 Ultra homescreen in hand

Credit: Robert Triggs / Android Authority
  • A Xiaomi executive said smartphone manufacturing costs are continuing to rise and will be a major challenge at the end of the year.
  • The executive even asked followers if they want downgraded phones to maintain pricing or more expensive phones with upgraded features.
  • We’re expecting a price hike for almost all flagship Android phones in 2025.

Smartphone prices have been creeping ever higher over the past few years, and we aren’t expecting cheaper prices in 2025. Now, a Xiaomi executive has also sounded the alarm on pricier phones.

Redmi general manager Wang Teng Thomas noted on Weibo that “upstream” costs continue to rise when it comes to smartphones. The executive even asked followers whether they prefer smartphones with downgraded features to maintain pricing or more expensive phones with upgrades.