[BUSINESS]■ STORY TIMELINE
QUALCOMM RAISING CHIP PRICES BY DOUBLE DIGITS
Qualcomm notified customers Friday of double-digit price increases on its chips, effective for products shipped after September 1st. The chipmaker cited exhausted supplier cost absorption and ongoing component shortages as reasons for the hike.
The Verge+0m
Qualcomm sent a letter to customers on Friday warning of plans to increase its prices by "a percentage in the double dig…