Business · 1h ago
Qualcomm to Hike Phone Chip Prices Starting September 1
Qualcomm CEO Cristiano Amon announced price increases on all processors starting September 1, per CNBC. The hikes follow earlier rumors and will affect smartphone costs. The move comes amid broader industry component price pressures.
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The price hike signals Qualcomm's confidence in its market leverage, but could accelerate handset makers' shift to in-house or alternative chips.
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