Qualcomm is about to raise prices and that’s bad news for everyone
The double-digit price hikes will reportedly start with products shipped after September 1st.
by Stevie Bonifield
Jul 24, 2026, 7:14 PM UTC
Image: Alex Castro / The Verge
Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.
Qualcomm sent a letter to customers on Friday warning of plans to increase its prices by “a percentage in the double digits,” Bloomberg reports. The price hikes will go into effect starting with products shipped after September 1st.
Qualcomm claims it has “exhausted its ability to absorb higher costs from suppliers,” as ongoing component shortages continue to drive up prices. The company also said it attempted to source components from alternate suppliers prior to announcing the price hikes.
As Bloombergnotes, Qualcomm’s price increases will likely have a ripple effect, particularly for smartphones. Qualcomm’s chips power...
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