Xiaomi anticipates that phone prices will likely increase from 2025 to 2026.

Is now a good time to get a new smartphone?
Xiaomi President Lu Weibing commented on November 18, 2025, during an earnings call that he anticipates greater pressure next year compared to this year. He stated that consumers should expect a significant increase in retail prices for products. He added that price increases might be necessary to address some of the pressure, but they would not be sufficient to resolve the issue entirely.
Xiaomi President Lu Weibing commented on November 18, 2025, during an earnings call that he anticipates greater pressure next year compared to this year. He stated that consumers should expect a significant increase in retail prices for products. He added that price increases might be necessary to address some of the pressure, but they would not be sufficient to resolve the issue entirely.
Given the circumstances, those whose phones are not performing well may want to take advantage of current Black Friday deals to upgrade now instead of waiting until 2026. While prices may not increase for all products next year, it may be wise not to risk waiting.
Upgrading to a new phone is unnecessary for those who already have one. Unless someone seeks a specific feature, upgrades in 2026 will likely not offer significant improvements for everyday use.
iPhone 17 Pro users have a good option this year, although the phone is susceptible to scratches and dents, so using a case is advisable.