Samsung Electronics forecasts RAM shortage to 2028 as Qualcomm announces Snapdragon price hikes
Samsung Electronics warned that the global memory‑chip shortage will persist until at least 2028, citing soaring demand from AI‑driven data‑center operators. The company said long‑term supply contracts with the five largest data‑center operators lock up 60‑70 % of its RAM capacity for up to five years. Samsung’s semiconductor division posted an operating profit of 89.2 trillion won in the second quarter, while its mobile division recorded its first quarterly loss of roughly 700 billion won, blamed on rising component costs.
Qualcomm reported a 15 % drop in mobile‑chip shipments in the first half of 2024 and a 20 % decline in quarterly revenue. The firm announced it will raise prices for all Snapdragon processors starting 1 September, a move driven by higher manufacturing costs and a prolonged RAM price surge. Market‑share data show MediaTek’s share fell from 37 % to 32 % and Qualcomm’s from 26 % to 22 % during the same period. The price increase is expected to push up smartphone prices worldwide.
Entities: AI firms · AI‑driven data‑center operators · Apple · Apple Inc. · MediaTek · MediaTek Inc. · Micron Technology Inc. · Qualcomm · Qualcomm Inc. · SK Hynix · SK Hynix Inc. · Samsung Electronics
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Qualcomm's mobile chip shipments fell 15 % in the first half of 2024. (multiple)
- [● 3 SOURCES] Samsung's mobile division posted a quarterly loss of roughly 700 billion won. (multiple)
- [● 3 SOURCES] Samsung's semiconductor division generated an operating profit of 89.2 trillion won in Q2. (multiple)
- [● 3 SOURCES] Samsung has signed long‑term memory supply contracts covering 60‑70 % of its capacity for up to five years. (multiple)
- [● 3 SOURCES] Qualcomm's revenue declined 20 % in its latest quarter. (multiple)
- [○ 1 SOURCE] Deliveries of mobile chipsets fell 15 % in H1 2024; MediaTek's market share dropped from 37 % to 32 % and Qualcomm's from 26 % to 22 %. (multiple)
- [● 3 SOURCES] Samsung expects the global memory chip shortage to continue until 2028. (multiple)
- [● 3 SOURCES] Qualcomm plans to raise prices for its mobile chipsets. (multiple)