Up until now, most smartphone manufacturers, Apple and Samsung included, were able to absorb the memory chip price shock through optimizations and cutting costs elsewhere. However, this might not be possible for Samsung going forward.
According to a report from Greece, Samsung is planning to raise prices on some of its phones in Europe starting in June. The Galaxy S series and the Galaxy Z Fold7 and Z Flip7 price tags are expected to jump by around €100.
Samsung Galaxy Z Fold7
It’s unclear whether the price hike will affect only the base models, but it’s easy to assume that the higher-tier storage options will see also see some sort of price bump.
It’s also safe to assume that Samsung won’t be the only one transferring the higher cost of RAM prices to its consumers. Analysts have warned us about an increase in prices in the second half of this year due to a memory shortage, so buckle up.
