Qualcomm raises prices across product range to offset costs

The chipmaker plans double-digit percentage hikes starting September 1, 2026, as memory, wafer and packaging costs climb Qualcomm is raising prices across its product portfolio. The increase is a double-digit percentage, and it applies to shipments starting September 1, 2026. The move matters now because it lands on a smartphone market that is already struggling. Qualcomm’s own handset business is shrinking, and a pricier chip makes the math harder for everyone downstream. What Qualcomm is changing The price hike covers products across Qualcomm’s lineup, not a single chip family. The company tied the decision to higher input costs throughout the semiconductor supply chain. Those costs show up in several places at once: Memory Wafer fabrication Assembly and testing Advanced packaging Substrate materials CEO Cristiano Amon addressed the issue on the company’s fiscal Q3 2026 earnings call on July 29, 2026. He acknowledged that the cost escalations require price adjustments so Qualcomm can protect its profit margins. Customers were not caught completely off guard. Bloomberg reported on July 24, 2026, that Qualcomm had already been notifying customers about the coming hikes. PC chips fa...