Event Brief
Mar 24, 2026 at 8:08 AM ET
Xiaomi warns of rising memory costs impacting smartphones
By The BriefBrief
Xiaomi's president warns that surging memory prices could lead to significant losses for smartphone makers.
WHO: William Lu Weibing
WHAT: warns about rising memory-chip costs
WHEN: Mar 24, 2026 at 6:27 AM ET
WHERE: China
WHY: Weak smartphone sales have cut into the firm's fourth-quarter profit.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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