Africa’s cheapest smartphones are disappearing as AI demand drives up chip costs

BusinessDay | 15-10-2026 07:40pm |

Africa's smartphone market is facing pressure as rising memory chip costs, driven by demand from the artificial intelligence industry, increase production expenses. This trend is causing the disappearance of the continent's cheapest smartphones. The situation is expected to impact affordability and access to mobile devices. The report highlights the broader effects of global AI demand on African markets.

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