{"id":775873,"date":"2026-07-21T13:12:11","date_gmt":"2026-07-21T13:12:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/775873\/"},"modified":"2026-07-21T13:12:11","modified_gmt":"2026-07-21T13:12:11","slug":"xiaomi-reportedly-ups-its-yearly-smartphone-sales-target-as-it-senses-memory-market-normalization","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/775873\/","title":{"rendered":"Xiaomi reportedly ups its yearly smartphone sales target as it senses memory market normalization"},"content":{"rendered":"<p>The surge in memory\/storage prices due to the ongoing supply shortage has led to higher smartphone prices, which has also affected the business. Xiaomi, for example, <a href=\"https:\/\/www.gsmarena.com\/xiaomi_reports_lower_smartphone_shipments_in_q1_2026_higher_average_selling_price-news-72998.php\" rel=\"nofollow noopener\" target=\"_blank\">shipped 33.8 million smartphones in Q1 2026<\/a>, a 19.2% decline from Q1 2025. However, a new report claims that Xiaomi is expecting the situation to improve as it has raised its yearly smartphone sales target from around 90 million to 110 million units.<\/p>\n<p>The report, citing supply chain sources, states that most of the additional shipment volume is expected to come from entry-level devices.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"inline-image\" width=\"1200\" height=\"750\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/1784639531_246_gsmarena_001.jpg\" alt=\"Xiaomi reportedly ups its yearly smartphone sales target as it senses memory market normalization\"\/><\/p>\n<p>A person familiar with the matter says that Xiaomi has increased its yearly smartphone sales target, as it believes memory prices are poised for a reversal and could stabilize.<\/p>\n<p>We really hope that&#8217;s the case, as the memory supply shortage and higher component costs have sent smartphone prices skyrocketing, with some products being canceled or getting a limited release.<\/p>\n<p>Back in April, Xiaomi President Lu Weibing revealed that the company was <a href=\"https:\/\/www.gsmarena.com\/heres_how_much_more_xiaomi_is_currently_paying_for_memory_and_storage-news-72251.php\" rel=\"nofollow noopener\" target=\"_blank\">paying CNY1,500 more<\/a> than it did in Q1 2025 for a package of 12GB RAM and 512GB storage. So here&#8217;s hoping that memory prices stabilize soon, as it will be in the best interests of both customers and smartphone brands.<\/p>\n<p class=\"article-source\"><a href=\"https:\/\/x.com\/UniverseIce\/status\/2079418689229828459\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Via<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The surge in memory\/storage prices due to the ongoing supply shortage has led to higher smartphone prices, which&hellip;\n","protected":false},"author":2,"featured_media":775874,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[165,74],"class_list":["post-775873","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-mobile","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/775873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=775873"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/775873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/775874"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=775873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=775873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=775873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}