Qualcomm Plans to Increase Prices by Double Digits
Macro·3 articles across 3 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
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 company has informed customers that this decision comes after exhausting its ability to absorb higher costs from suppliers.
Qualcomm
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“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.”
Bloomberg — Qualcomm Plans to Increase Its Prices by Double Digits“Ian King / Bloomberg: Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers — ”
techmeme — Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (Ian King/Bloomberg)
SupportCorroborates it
“Qualcomm tells customers of double-digit price increases, Bloomberg News reports”
Yahoo Finance — Qualcomm tells customers of double-digit price increases, Bloomberg News reports
Earlier versions
- Jul 24, 4:10 PM — Qualcomm Informs Customers of Double-Digit Price Increases (1/1)