Samsung is looking to increase the price of its own parts

The world is still in trouble Global chip shortage It struggles and this has caused all products from cars to laptops and smartphones to all be either delayed or lack the features you expect. This shortage of chips has led to an increase in their price, and now it seems that Samsung also wants to increase the price of its semiconductor components.
According to the report BloombergSamsung is busy preparing for the boost 20 percent The price of some parts is self-made.
It is worth mentioning that Samsung is the largest manufacturer of smartphones in the world and many companies such as Apple They rely on Samsung parts to build their products. In this way, Samsung can cover some of the losses caused by the chip shortage by increasing the price.
Impact of Samsung’s decision on the market
Apart from large companies, Samsung’s decision could affect consumers and customers alike, because if other companies were to pay Samsung more for parts, their product would have a more expensive price tag.
But another implication of Samsung’s decision is that other companies are likely to accept the price increase only if they are confident that the extra cost will make their products available on the date the customer expects.
However, the price increase of other manufacturers’ products will not be the same 20% overnight, they will also increase the price of their products according to their production costs and profits, which will probably be more noticeable in flagship products.
It should be noted that Samsung has maintained the price stability of its products over the past few years, but now the multifaceted pressure of events such as Ukraine war، Quarantines of China And Global chip shortage It has made the company react.