Samsung execs warn of upcoming price hikes over memory shortages
Samsung is signaling that its phones and other devices may soon cost more. At CES 2026, TM Roh, co-CEO of Samsung’s mobile division, said the company is facing “one of the harshest pricing situations in memory” and warned that smartphone price “adjustments may be necessary.”
The problem is a tightening memory supply that affects a wide range of electronics, including smartphones, TVs and other smart devices. Samsung says it is working with suppliers on longer-term fixes, but in the near term, Global Marketing Head Wonjin Lee told Bloomberg the company is considering “repricing” its phones to reflect the new cost pressures.
More from Business
Veon has announced several senior management changes aimed at tightening execution in its operating markets and accelerating its push into digital and...
Fixed wireless provider Rise Broadband has changed its name to Rise Internet and updated its logo. According to the company, the rebrand is meant to u...
Samsung is shifting part of its screen sourcing for mid-range phones from its in-house display arm to a Chinese supplier. A report from Korea says Sam...
Meta is preparing to cut about 20% of its workforce, or roughly 16,000 jobs, according to Reuters sources. If confirmed, this would be the company’s l...
MTN Group says it has swung back to profit for the 2025 financial year and now serves more than 300 million customers across its markets. The operator...
xAI has lost co-founder Zihang Dai, according to multiple US media reports, adding to a series of senior exits from Elon Musk’s AI start-up. Another c...