Qualcomm announced it will raise prices on all its smartphone processors starting September 1st, with rumored double-digit percentage increases. This comes despite a 20% year-over-year drop in handset business revenue, which the company attributes to unprecedented memory price hikes.
Background
The announcement follows Qualcomm's Q2 earnings report showing significant revenue decline in its handset division due to rising component costs, particularly memory. The price hike is expected to affect future smartphone models using Snapdragon chips.
- Source
- The Verge
- Published
- Jul 30, 2026 at 05:41 AM
- Score
- 6.0 / 10