Samsung launched its latest flagship smartphone lineup, the Galaxy S26 series, earlier this week. The lineup includes three models- the Galaxy S26, S26 Plus and the S26 Ultra– all of which come with faster performance, new AI features and a refined design. But along with the upgrades, there’s something else that you must have noticed: higher prices. Now, a senior Samsung executive has explained why.
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In a conversation with The Verge, Samsung’s mobile business COO, Won-Joon Choi, said the memory shortage played a major role in the price hike. He added that while other factors like higher material costs and tariffs also impacted pricing, memory was ‘significant.’
Chipmaker Qualcomm, which supplies processors for Galaxy phones, recently warned investors about a slowdown in the handset market. In its February quarterly results, Qualcomm said it was seeing a big dip in its smartphone business ‘100 percent’ due to the memory shortage. The company also said that the growing demand for AI hardware components could influence the entire smartphone industry this year.
This week, IDC also predicted a 12.9 percent decline in global smartphone shipments in 2026. ‘What we are witnessing is not a temporary squeeze, but a tsunami-like shock originating in the memory supply chain, with ripple effects spreading across the entire consumer electronics industry,’ IDC wrote.
Ayushi works as Chief Copy Editor at Digit, covering everything from breaking tech news to in-depth smartphone reviews. Prior to Digit, she was part of the editorial team at IANS. View Full Profile