Qualcomm plans to hike smartphone processor prices by double digits — Who will be impacted?
Qualcomm Inc., the biggest maker of smartphone processors, plans to increase prices by a percentage in the double digits, a move that’s likely to ripple through much of the tech industry.
The San Diego-based company sent a letter to customers Friday informing them of price hikes, according to a copy of the document seen by Bloomberg News. The rise will go into effect for products shipped after Sept. 1, Qualcomm told clients.
