Qualcomm is increasing prices for its chips by double digits starting tomorrow. Qualcomm announced the impending price hike back in July, letting customers know prices would go up for chips shipped after September 1. Qualcomm said it cannot continue to absorb increasing supplier costs. "We're just passing through big cost increases that we have," said Qualcomm CEO Cristiano Amon in an interview with Reuters. Apple has been transitioning to its own modem chips, but it is still sourcing modem chips from Qualcomm for the iPhone 17 models. Apple will discontinue the iPhone 17 Pro models when the iPhone 18 Pro is released in September, but it is likely to keep the iPhone 17 in the lineup. Apple's iPhone 17e and iPhone Air use its C1X modem, and rumors suggest some iPhone 18 Pro models and the foldable iPhone could use a new Apple-designed C2 chip with faster 5G speeds. Apple may still rely on Qualcomm for modem chips in the United States, according to leaked iPhone 18 Pro documents from Tata Electronics. Prices have gone up for DRAM and storage due to supply issues, which has affected most device manufacturers. Apple raised prices of Macs and iPads in June, and the iPhone 18 Pro models are expected to be more expensive than their predecessors. Amon also said in July that Qualcomm is expecting the revenue it earns from Apple to decline faster than previously anticipated, dropping approximately 50 percent from the September quarter to the December quarter. He blamed supply constraints, which will reduce the share of Qualcomm components used in the iPhone 18 lineup. In addition to supplying modem chips to Apple, Qualcomm makes mobile chips for Samsung and other smartphone manufacturers. Qualcomm is raising prices across its lineup, and increases will be negotiated with customers individually. Popular StoriesNew Apple Watch Series 12 and Apple Watch Ultra 4 Features RevealedBloomberg's Mark Gurman today further outlined what to expect from the Apple Watch Series 12 and Apple Watch Ultra 4 set to be unveiled on September 9. While it was initially rumored that Touch ID may be coming to the Apple Watch this year, Gurman reiterated that he does not expect the Series 12 or Ultra 4 to have any major design changes compared to the current Series 11 and Ultra 3 models. ...Apple Unveiled Four New Products This WeekWednesday August 26, 2026 5:54 pm PDT by Joe RossignolApple on Tuesday unveiled a new Mac mini with M6 and M5 Pro chip options, a new Mac Studio with M5 Max and M5 Ultra chip options, a new version of the Polishing Cloth with a lower price, and updated Magic Keyboards for Macs. To learn more about these products, read our coverage below: Apple Announces New Mac Mini With M6 and M5 Pro Chips and More Apple Unveils New Mac Studio With M5 Max...September 1 to Mark the End of an Era at AppleApple in April announced that Tim Cook will be stepping down as CEO at the end of this month, after 15 years of leading the company. Cook has been Apple's CEO since 2011 Effective September 1, Apple's hardware engineering chief John Ternus will become the company's next CEO, while Cook will become executive chairman of Apple's board of directors. In his new role, Apple said Cook will assist...
Qualcomm Raising Chip Prices Starting Tomorrow
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