Samsung Raises Prices for Camera Image Sensors: What It Means for Smartphone Industry

by time news

2023-11-30 10:00:41
Samsung Announces Price Increase for CIS Components

According to industry sources close to a Chinese media outlet, Samsung has informed its partners about price increases for CIS components (camera image sensors). The Korean technology giant is set to raise the prices of some components by 25% and others by up to 30%, starting next year.

Samsung is one of the largest manufacturers of CMOS sensors in the world, and for the first time in two years, the company is experiencing a significant rise in orders. The global smartphone market has been sluggish in recent years but is now finally gaining steam, prompting Samsung to feel confident enough to increase prices.

The price hike is expected to mainly affect high-resolution sensors, 32MP and above. It remains to be seen whether this change will significantly impact the prices of smartphones in general and Samsung phones in particular.

The news of the price increase comes as a surprise to many, and consumers will be watching closely to see how this will impact the cost of smartphones in the coming year.

Source: [Industry Sources]
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