prices are likely to increase again in 2024, we explain why


Samsung’s semiconductor division has announced that the price of its sensors will increase significantly in 2024. News which also suggests an increase in the price of smartphones.

customer smartphone store
Credit: 123rf

The slight recovery in global smartphone sales observed in October 2023 signals that consumers are, perhaps, once again ready to equip themselves with the latest generation devices. Beyond price, one of the most important selection criteria for smartphone buyers remains the quality of mobile phone photos. In this area, the division samsung semiconductor ranks second overall, with 6.58 billion sensors sold in 2022far behind Sony and its 16 billion units.

Read — Here are the 5 innovations for smartphones that we are most looking forward to in 2024

According to Money, the Korean giant should be the first beneficiary of the recovery in demand for smartphones. The company has in fact announced an increase in CMOS prices to its customers, that is to say manufacturers of smartphones, embedded systems and other electronic gadgets. The price of these sensors should therefore increase by “25% on average during the first quarter next year.” This is bad news for consumers, because the market is thus beginning “a new cycle of price increases. »

Smartphone sales resume on the rise, Samsung takes the opportunity to increase the prices of photo sensors

Will the increase in the price of this essential component feel about the price of smartphones? We cannot be certain, but it would be surprising if mobile phone manufacturers were to absorb this additional cost without this affects end customers either way.

To read – A smartphone takes 1st place in the DXOMARK photo ranking, find out which one

After two years of perpetual decline in sales, smartphone manufacturers are finally seeing the end of the tunnel and are returning to growth. That said, the observed rebound is mainly due to sales in emerging countries. Western customers continue to postpone their purchase of a new smartphone, which is why analysts believe that the year 2024 should be much more favorable for smartphone manufacturers.



Source link -101