Realme is one of the most popular smartphone brands in the world which has always focused on providing the best of hardware specifications at the lowest possible cost to the consumer. However, as per the recent news, the company will be increasing the price of their smartphone by up to Rs 1,500 in India. The company has started by increasing the prices of five smartphones for now, but it will affect other smartphones in the future as well. All Realme smartphones from budget to mid-range have been made expensive by Rs 1,500.
The five smartphones for which the price has been increased are Realme C11 2021, Realme C25s, Realme C21, Realme 8, and Realme 8. Apart from these smartphones, the company will also be increasing the price for all their 5G smartphones on offer in the market. The major reason for the rise in the price of the smartphone is said to be because of component shortage and it is not just Realme, but other smartphone companies are also facing the same issue.
Due to the lack of components, the price of existing components has risen and it has led to an increase in the overall price of Realme smartphones. The price will be increased from Rs 1,000 to Rs 1,500 for every smartphone. The price can further increase if the shortage of the components is not dealt with quickly. If this case remains the same for a long time, then the effect will also be visible on smartphones from other brands in the Indian market as well.