NewsHK
A shortage of memory components is propagating through the semiconductor supply chain as a margin problem, and Qualcomm has decided to make it someone else's problem.
Chief executive Cristiano Amon said the chipmaker will raise prices, citing straightforward cost-push logic: costs went up, so prices will go up.
The company simultaneously issued earnings guidance that came in light, a combination that tells the buy-side the cost pressure is present and the demand environment is not strong enough to absorb it silently.
Amon's cost-push rationale The CEO's framing, offered in an interview, is unusually direct for a major chipmaker.
Keep reading