Flagship phones to get more pricey as Samsung hikes camera sensor prices

Camera-centric flagship smartphones could be expensive as Samsung has increased the price of ISOCELL image sensors. As camera sensors are one of the most expensive parts, it could increase the price of 2024 flagships.

While companies are working hard to improve the smartphone camera experience, flagship models with cameras as their core selling point are likely to become more expensive. The main reason is that Samsung has increased the price of its components.

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The smartphone industry has slowed down over the past few years, leaving manufacturers involved in component production with excess inventory. Samsung is one of the world’s largest manufacturers of CMOS sensors, which are used in its own phones and those of other brands.

As the smartphone market slowly grows, Samsung has reportedly sent notices to phone manufacturers to increase the price of its imaging sensors by 25%. The new prices may take effect in early 2024. Samsung’s increase in the price of imaging sensors will mainly affect sensors of 32 million pixels and above.

This could force smartphone manufacturers to increase the cost of high-end smartphones. Meanwhile, Samsung’s rivals in the field, Sony and OmniVision, have yet to announce price increases.

// Source