Qualcomm reportedly plans to raise processor prices

Jakarta (ANTARA) - Technology company Qualcomm plans to raise the prices of its processor products at the end of this summer, according to a Bloomberg report cited in an Engadget publication on Saturday (25/7).

The United States-based multinational is reported to have sent letters to its customers informing them of plans to change its product pricing.

Qualcomm intends to apply the new, higher prices to products shipped after 1 September 2026.

The company reportedly told its clients that it can no longer absorb the higher component costs from its suppliers.

It also said that it has attempted to source alternative components from new suppliers.

Qualcomm’s chips are largely manufactured by TSMC, which is currently experiencing supply chain constraints.

Like most companies in the technology industry today, the company is feeling the impact of shortages of memory and components caused by huge demand for artificial intelligence data centre construction.

In addition to bearing higher component costs, the company has reportedly seen a decline in sales recently.

According to the Bloomberg report, Qualcomm’s sales fell this year because its clients were unable to produce as many devices as expected due to component supply shortages.

Nevertheless, the company still recorded above-forecast revenue for the second quarter of 2026.

Qualcomm is one of the world’s major smartphone processor manufacturers. The company dominates the Android market.

Most companies use Qualcomm products to power their flagship phone models.

Devices using Qualcomm processors include Samsung’s Galaxy series phones, including the Galaxy Z Fold 8 Ultra, Fold 8, and Flip 8.

The company’s processors also power Microsoft CoPilot+ PCs as well as smart devices such as the Ray-Ban Meta eyewear collection.