Shortage of memory chips: impact on Chinese smartphone stocks in 2026

Shortage of memory chips: impact on Chinese smartphone stocks in 2026

Have you ever wondered how the chip shortage might influence your next smartphone purchase? As the demand for artificial intelligence technologies continues to grow, the smartphone industry is facing unprecedented challenges. Let’s find out together why 2026 could mark a turning point for consumers and manufacturers.

The 3 key points not to miss

  • The shortage of HBM memory chips, essential for AI, affects the production of RAM for smartphones and PCs.
  • Chinese manufacturers like Xiaomi and Oppo plan to reduce their smartphone shipments in 2026.
  • Apple and Samsung could better withstand this crisis thanks to their premium positioning.

Consequences of the memory chip shortage

The construction of new data centers for artificial intelligence is driving increased demand for HBM memory chips. These components, essential for fast data processing, absorb a large part of the production capacity of chip manufacturers, causing a shortage in more conventional sectors, such as smartphones and computers.

This unprecedented situation complicates the production of RAM, essential for the proper functioning of phones and PCs. Manufacturers are struggling to meet demand, which could lead to higher costs for consumers.

Reaction of Chinese manufacturers to the crisis

Chinese brands, notably Xiaomi, Oppo, and Transsion, anticipate a significant drop in their smartphone shipments by 2026. For example, Oppo plans to reduce its shipments by 20%. This strategic choice is a direct response to rising production costs and difficulties in sourcing memory chips.

However, this information still requires official confirmation. Xiaomi has already mentioned the possibility of price increases due to the RAM shortage, which could influence the global smartphone market.

Differentiated impact on the global market

According to Tarun Pathak of Counterpoint Research, the impact of this shortage will not be uniform. Giants like Apple and Samsung, thanks to their robust supply chains and high-end positioning, could better withstand this crisis. As a result, they could maintain their production volumes more stable than Chinese brands.

Counterpoint Research has also revised its forecasts for global smartphone shipments in 2026 downward, anticipating a 3% decrease due to this memory shortage.

Micron and the challenge of the chip industry

Micron, a major player in memory chip manufacturing, confirms that the industry is going through an unprecedented situation. Manish Bhatia, executive vice president of operations at Micron, emphasizes that the demand for AI chips consumes a large part of the production capacity, leaving few resources for traditional sectors.

Faced with this crisis, manufacturers are already seeking to secure their production capacity for the coming years, beyond 2026, hoping to stabilize the smartphone and computer market.

Context of the smartphone industry

The smartphone market is marked by intense competition and constant innovation. Chinese brands, such as Xiaomi and Oppo, have managed to stand out with products combining performance and attractive prices. However, the shortage of critical components like memory chips could challenge this dynamic.

In this context, global giants like Apple and Samsung continue to play a leading role, thanks to their ability to innovate and their mastery of the supply chain. These companies have the necessary resources to adapt to current challenges while maintaining a competitive offer in the market.

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