Brace yourselves: Another major phone brand is signaling a price hike

Credit: Edgar Cervantes / Android Authority TL;DR Huawei has indicated it plans to increase phone prices, responding to pressure from increasing memory and component costs. This follows a series of hikes from multiple phone brands, including Apple, Samsung, and Google. Huawei also predicts a tough time for the smartphone industry overall, noting that budget offerings will be hit hardest.