Your new premium smartphone could get more expensive

Premium smartphone prices are projected to rise by at least 5% due to costlier chipsets with advanced AI capabilities, memory, and components. Chipmakers Qualcomm and MediaTek anticipate shrinking profit margins as wafer costs from supplier TSMC increase. Despite facing a lawsuit from ARM over CPU core usage, Qualcomm, alongside MediaTek, plans to pass these rising costs onto consumers.
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