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

Qualcomm sent a letter to customers on Friday warning of plans to increase its prices by "a percentage in the double digits," Bloomberg reports. The price hikes will go into effect starting with products shipped after September 1st. Qualcomm claims it has "exhausted its ability to absorb higher costs from suppliers," as ongoing component shortages […]

Technology shifts change how people work, communicate, and build — often faster than policy can follow.

The Verge reported on this under technology. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.