Highlights
- iQOO has raised prices of the iQOO 15, 15R, and Neo 10 in India with hikes up to ₹10,000.
- Redmi Turbo 5 also gets costlier with increases of ₹4,000–₹6,000 across its 8GB+256GB and 12GB+256GB models.
- Price hikes are driven by rising memory costs as DRAM and NAND supply tightens.
iQOO has increased the prices of some of its popular smartphones in India with the latest revision affecting the iQOO 15, iQOO 15R and iQOO Neo 10. The price increase is as high as Rs 10,000, making some variants considerably more expensive than before.
iQOO is not the only company to increase smartphone prices. Xiaomi’s Redmi Turbo 5 has also received a price hike in India with the revised prices going up by as much as Rs 5,000.
iQOO Smartphone Price Hike in India
The iQOO 15 has received the biggest increase among the company’s affected models. Its 12GB RAM and 256GB storage variant, which was previously priced at Rs 76,999, now costs Rs 85,999. This represents a Rs 9,000 increase. Meanwhile, the 16GB+512GB version has gone from Rs 83,999 to Rs 93,999, making it Rs 10,000 more expensive.
The iQOO 15R has also become more expensive across all three configurations. The 8GB+256GB variant now costs Rs 53,999 instead of Rs 49,999, while the 12GB+256GB model has increased from Rs 54,999 to Rs 59,999. The top-end 12GB+512GB version has gone up from Rs 61,999 to Rs 66,999.
The iQOO Neo 10 has seen a smaller increase compared with the iQOO 15 and iQOO 15R. Its 8GB+256GB variant now costs Rs 43,999, up from Rs 41,999. The 12GB+256GB version has also received a Rs 2,000 increase, moving from Rs 46,999 to Rs 48,999.
Prices at a glance –
| Model | Old Price | New Price | Price Hike |
| iQOO 15 12GB + 256GB | Rs 76,999 | Rs 85,999 | Rs 9,000 |
| iQOO 15 16GB + 512GB | Rs 83,999 | Rs 93,999 | Rs 10,000 |
| iQOO 15R 8GB + 256GB | Rs 49,999 | Rs 53,999 | Rs 4,000 |
| iQOO 15R 12GB + 256GB | Rs 54,999 | Rs 59,999 | Rs 5,000 |
| iQOO 15R 12GB + 512GB | Rs 61,999 | Rs 66,999 | Rs 5,000 |
| iQOO Neo 10 8GB + 256GB | Rs 41,999 | Rs 43,999 | Rs 2,000 |
| iQOO Neo 10 12GB + 256GB | Rs 46,999 | Rs 48,999 | Rs 2,000 |
Redmi Turbo 5 Price Increased by Up to Rs 5,000
Redmi has also increased the prices of the Redmi Turbo 5 in India. The 8GB+256GB variant has gone up from Rs 37,999 to Rs 41,999, resulting in a Rs 4,000 increase. The 12GB+256GB configuration has received an even bigger revision, moving from Rs 40,999 to Rs 46,999, which means buyers now have to pay Rs 6,000 more.
New prices at a glance –
| Model | Old Price | New Price | Price Hike |
| Redmi Turbo 5 8GB + 256GB | Rs 37,999 | Rs 41,999 | Rs 4,000 |
| Redmi Turbo 5 12GB + 256GB | Rs 40,999 | Rs 46,999 | Rs 6,000 |
Why Are Smartphone Brands Increasing Prices?
The latest iQOO and Redmi price hike isn’t surprising to anyone keeping tabs on the smartphone industry. The move comes at a time when smartphone brands are facing higher memory costs. Memory manufacturers have been giving greater priority to higher-margin AI server chips, which has tightened the supply of DRAM and NAND memory used in smartphones.
This has pushed memory prices higher and several smartphone brands have already revised their prices during 2026. Buyers could see further price adjustments across smartphone brands if memory costs remain elevated.
Also Read –
https://www.mymobileindia.com/vivo-and-iqoo-increase-smartphone-prices-in-india-by-up-to-rs-3000/
