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

# Qualcomm is about to raise prices and that’s bad news for everyone Source: [https://www.theverge.com/gadgets/970910/qualcomm-raising-prices-bloomberg](https://www.theverge.com/gadgets/970910/qualcomm-raising-prices-bloomberg) [Skip to main content](https://www.theverge.com/gadgets/970910/qualcomm-raising-prices-bloomberg#content) The double\-digit price hikes will reportedly start with products shipped after September 1st\. The double\-digit price hikes will reportedly start with products shipped after September 1st\. by Jul 24, 2026, 7:14 PM UTC   Image: Alex Castro / The Verge [](https://www.theverge.com/authors/stevie-bonifield) 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*](https://www.bloomberg.com/news/articles/2026-07-24/qualcomm-tells-customers-that-prices-are-going-up-by-double-digits)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](https://www.theverge.com/news/839353/pc-ram-shortage-pricing-spike-news)continue to drive up prices\. The company also said it attempted to source components from alternate suppliers prior to announcing the price hikes\. As*Bloomberg*notes, Qualcomm’s price increases will likely have a ripple effect, particularly for smartphones\. Qualcomm’s chips power everything from[Samsung’s new foldables](https://www.theverge.com/tech/968663/samsung-galaxy-z-fold-8-wide-hands-on)to[upcoming smartglasses](https://www.theverge.com/gadgets/950229/qualcomm-snapdragon-reality-elite-xr-smart-glasses-wearables)\. Earlier this year, Qualcomm even promised one of its new chip platforms would[deliver $300 Windows PCs](https://www.theverge.com/tech/938665/qualcomm-promises-300-windows-laptops-with-new-snapdragon-c)\. Those devices could get pricier if device manufacturers pass the brunt of Qualcomm’s price hikes onto their customers\. Qualcomm’s far from the only company bumping up its prices\. Seemingly everything is getting more expensive as a result of component shortages, including[Xbox consoles](https://www.theverge.com/games/957042/xbox-price-increase-memory-shortage),[Raspberry Pi boards](https://www.theverge.com/gadgets/905189/raspberry-pi-price-increases-pi-4-3gb),[most Apple devices](https://www.theverge.com/tech/956903/apple-price-increase-2026-macbook-ipad-mac-home-vision-pro), and[Samsung](https://www.theverge.com/tech/911623/samsung-galaxy-phones-tablets-price-hike-ram)and[Google’s smartphones](https://www.theverge.com/tech/962781/google-pixel-11-lineup-price-increase)\. Some devices are even[getting downgraded specs](https://www.theverge.com/tech/956835/samsung-galaxy-a27-5g-launch-price-specs)alongside higher prices, while other devices are[getting canceled](https://www.theverge.com/gadgets/953066/nothing-cmf-phone-delayed-ram-prices)or delayed\. Qualcomm did not immediately respond to a request for comment\. **Follow topics and authors**from this story to see more like this in your personalized homepage feed and to receive email updates\. - Stevie Bonifield ## The Verge Daily A free daily digest of the news that matters most\.