Qualcomm hikes smartphone chip prices by double digits, and the ripple effects will reach far beyond phones

Crypto Briefing 2026-07-24 20:15:30

Context: Qualcomm, a leading smartphone chip manufacturer, has announced that it will be increasing its smartphone processor prices by double-digit percentages, effective September 1. This move follows MediaTek's similar decision to pass on rising supply-chain costs to its customers. The price hike is expected to have far-reaching consequences beyond the smartphone industry.

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Qualcomm will raise its smartphone processor prices by double-digit percentages after September 1, as part of its strategy to cope with rising supply-chain costs.
The price increase comes on the heels of similar actions taken by MediaTek, another major player in the smartphone chip market.

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Qualcomm hikes smartphone chip prices by double digits, and the ripple effects will reach far beyond phones

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