# Qualcomm's Price Hike Could Burden Consumers Double-digit price increases will take effect starting September. - **Source:** [The Verge](https://www.theverge.com) - **Published:** 2026-07-24 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/28af966e-32ea-4120-9576-724026209f9a ## Qualcomm Announces Price Hike Qualcomm announced double-digit price increases, citing its inability to absorb higher costs from suppliers. The hikes will take effect starting September. ## Supply Chain Challenges Ongoing component shortages forced Qualcomm to seek alternative suppliers. However, these efforts fell short, making price increases inevitable. ## Impact on Smartphones Qualcomm's chips power everything from Samsung's foldables to smart glasses. Price hikes could raise the costs of these devices. ## Passing Costs to Consumers If device manufacturers pass Qualcomm's price hikes onto consumers, smartphones and other tech products could become more expensive. ## Price Increases Across the Industry Qualcomm isn't alone; prices for Xbox consoles, Raspberry Pi boards, and Apple devices are also rising. Some products see downgraded specs alongside higher prices. ## Ripple Effect in the Tech Industry Qualcomm's price hikes could create a ripple effect across the tech industry, leading to higher costs and reduced accessibility for consumers. ## Sources covering this story - https://www.theverge.com/gadgets/970910/qualcomm-raising-prices-bloomberg — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._