Qualcomm IncorporatedQCOM
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Qualcomm plans double-digit price hikes, which should boost revenue and margins.
Qualcomm is planning significant double-digit price increases on select products, citing higher supplier costs and ongoing supply shortages. The company is also deepening its partnership with Samsung to use advanced Snapdragon platforms across Galaxy mobile devices, wearables, and augmented reality products. These moves highlight changes in Qualcomm's pricing approach and its expanding role within the broader Galaxy device ecosystem.
Qualcomm IncorporatedQualcomm plans double-digit price hikes, which should boost revenue and margins.
Samsung Electronics Co LtdSamsung deepens partnership with Qualcomm for Snapdragon platforms, but impact on Samsung's own chip business is unclear.