iQOO 15, 15R, Neo 10, and Vivo T5 Pro Price in India Hiked by Up to ₹3,000: Check New Prices

iQOO and Vivo have quietly raised the prices of several smartphones across their Indian lineup, with hikes going as high as ₹3,000 depending on the model and variant. The new prices appear to be live across the affected models. If you've been planning to buy one of these phones, here's exactly what's changed.

The news was first shared by tipster Sanju Choudhary (@saaaanjjjuuu) on X.

The Full List of New Prices

iQOO 15

• 12GB/256GB: ₹72,999 → ₹74,999
• 16GB/512GB: ₹79,999 → ₹81,999

iQOO 15R

• 8GB/256GB: ₹46,999 → ₹47,999
• 12GB/256GB: ₹50,999 → ₹52,999
• 12GB/512GB: ₹57,999 → ₹59,999

iQOO Neo 10

• 8GB/256GB: ₹37,999 → ₹39,999
• 12GB/256GB: ₹42,999 → ₹44,999

Vivo T5 Pro

• 8GB/128GB: ₹29,999 → ₹32,999
• 8GB/256GB: ₹33,999 → ₹36,999

The Vivo T5 Pro sees the steepest hike of the lot at ₹3,000, while the iQOO 15R 8GB/256GB sees the smallest at ₹1,000.

Why This Is Happening

iQOO and Vivo are the latest names to join a broader industry-wide price hike trend in India. The root cause is the ongoing global DRAM and NAND memory shortage, driven by AI data centres buying up chip capacity at high prices. Memory manufacturers like Samsung, SK Hynix, and Micron are prioritising more profitable AI server orders, which has squeezed supply for smartphone-grade memory.

Per a Counterpoint Research report, the shortage is expected to push smartphone prices up by 8 to 10% globally in 2026, and could stretch into 2027. OnePlus, Nothing, Realme, Xiaomi, and Samsung have already raised prices on a range of models earlier this year.

What This Means for Buyers

If a phone on this list was on your radar, your best bet right now is to check ongoing sales like the Flipkart June Epic Sale, where some of these phones may still be listed at pre-hike rates with bank offers on top. More brands are expected to follow soon, so the longer you wait, the fewer options you'll have.