Qualcomm is about to raise prices and that’s bad news for everyone

Qualcomm sent a missive to customers connected Friday informing of plans to summation its prices by "a percent successful the treble digits," Bloomberg reports. The terms hikes volition spell into effect starting with products shipped aft September 1st.

Qualcomm claims it has "exhausted its quality to sorb higher costs from suppliers," arsenic ongoing constituent shortages proceed to thrust up prices. The institution besides said it attempted to root components from alternate suppliers anterior to announcing the terms hikes.

As Bloomberg notes, Qualcomm's terms increases volition apt person a ripple effect, peculiarly for smartphones. Qualcomm's chips powerfulness everything fro …

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