Tech industry
fromwww.businessinsider.com
3 hours agoWhy Big Tech's $700 billion AI splurge is misleading
Big Tech's AI spending surge is primarily driven by rising component costs, particularly memory chips, rather than increased capacity.
Customers could end up paying higher prices for Samsung's upcoming Galaxy S26 series. According to a report, the flagship phones will cost more as component prices are rising. The report states that pricing for crucial smartphone components such as the SoC and RAM is seeing a hike due to increased demand. However, the price hike isn't limited to Samsung. Other smartphone makers, including Apple, Xiaomi, Oppo, and vivo, have also raised the pricing of their flagship models.