Android flagships may soon cost more as Qualcomm passes rising chip costs to customers.
Qualcomm plans to increase prices for its Snapdragon processors beginning September 1, a move that could make future Android smartphones more expensive as manufacturers face higher component costs.
The company confirmed the increase while reporting its fiscal third-quarter earnings. CEO Cristiano Amon said the decision is aimed at protecting margins as semiconductor manufacturing costs continue to climb.
“Cost went up, prices are going to go up,” Amon told CNBC.
Qualcomm said the semiconductor industry is dealing with higher costs across multiple areas…
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