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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 everyonePhoto: The Verge

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 cost

Read full article at The Verge

Originally published by The Verge. Summary and curation by DutyStation.ai.

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