Technology devices maker Lenovo remains bullish on the long-term growth of India’s personal computing market, even as rising memory chip prices and global supply chain imbalances threaten to weigh on demand for PCs, tablets and smartphones in the near term. At the centre of the disruption in the global memory market is the artificial intelligence (AI) frenzy. As a result, memory prices have risen sharply. Data from Counterpoint Research shows memory prices surged by 80–90 per cent quarter-on-quarter in the first quarter of 2026, marking an unprecedented spike. “There could be some short-term impact, but from a long-term standpoint, India remains a major market for Lenovo and is expected to grow much faster,” Chawla said.

Source: The Telegraph March 16, 2026 04:39 UTC