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

Qualcomm told customers it will raise prices by a “percentage in the double digits” for products shipped after September 1. The company says supplier costs and ongoing component shortages have left it unable to keep absorbing higher expenses.

Because Qualcomm chips are widely used in smartphones and other connected devices, the increases could ripple through the hardware market and push retail prices higher. The move underscores how supply-chain pressure is shifting from manufacturers to buyers, reinforcing a broader trend of inflation in consumer electronics.