Qualcomm is about to raise prices and that’s bad news for everyone

Qualcomm plans to raise prices by double-digit percentages, starting with products shipped after September 1st, due to component shortages. This will likely have a ripple effect, particularly on smartphones. Engineers should be aware of this change and factor it into their designs and budgeting. The price hikes will impact products using Qualcomm chips. It's essential to consider alternative suppliers and adjust project timelines accordingly.