Snapdragon chip prices going up by ‘double digits’ to the dismay of Android devices
Bloomberg reports that Qualcomm has informed its customers – many of which are Android phone makers – that it plans to implement price hikes on Snapdragon chips starting with any chips shipped after September 1. The reason provided is that Qualcomm has “exhausted its ability to absorb higher costs from suppliers.” The exact details are not yet clear, but prices could be going up by “double-digit” percentages. Even if that’s just 10%, it’s a huge blow to already-tight budgets for building Android devices.
- ▪Bloomberg reports that Qualcomm has informed its customers – many of which are Android phone makers – that it plans to implement price hikes on Snapdragon chips starting with any chips shipped after September 1.
- ▪The reason provided is that Qualcomm has “exhausted its ability to absorb higher costs from suppliers.” The exact details are not yet clear, but prices could be going up by “double-digit” percentages.
- ▪Even if that’s just 10%, it’s a huge blow to already-tight budgets for building Android devices.
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