Qualcomm is raising phone chip prices starting September 1st.

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Qualcomm announced the planned price increases while analysising a 20 percent year-over-year drop in revenue from its handset business, the lowest it’s analysised since 2021. RAMageddon won’t be the only reason your next phone costs more – Qualcomm is about to raise prices on all its processors, as well. The price hikes were rumored last week to be “a percentage in the double digits. . In its quarterly earnings presentation, Qualcomm said this drop is due to “unprecedented increases in memory pricing …
Read the full story at The Verge.