I’m just glad Samsung’s price hikes weren’t worse

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I’m just glad Samsung’s price hikes weren’t worse

Engadget · 4 hours ago

Samsung has raised prices by $100 across its latest foldable and flagship devices, and the writer argues this is actually a relatively modest increase given the broader pressures facing the tech industry from what is described as an "AI bubble" driving up component costs. The rise matters because it is expected to set the tone for the rest of the industry, with Google reportedly planning similar $100 increases for upcoming Pixel phones and Apple already signalling that iPhone prices will climb further after raising prices across most of its product lines and hinting it could no longer hold current pricing.

The wider context shows consumers and companies alike feeling the squeeze: US energy prices have risen 15.7% over the past year, and Valve discontinued its entry-level $399 Steam Deck in May 2026 while raising its mid-range and premium models from $549 and $649 to $789 and $949 respectively, a move one report linked to an 82% drop in sales. A reader poll by 9to5Mac found 38% of respondents would hold onto existing devices for longer rather than upgrade, and analyst firm IDC is forecasting a "record low" in smartphone sales through 2026 and 2027 as memory chip shortages continue to push costs higher.

  • Samsung's foldables rose $100; writer relieved it wasn't worse
  • Google, Apple expected to follow with similar smartphone price hikes
  • Rising costs also hit Steam Deck sales and wider consumer spending

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