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Samsung's Price Hike: AI Memory Crunch Impacts Foldable Phones

News Snapshot:

In response to a global memory shortage influenced by the booming AI industry, Samsung Electronics is set to increase prices on its forthcoming foldable smartphones. This move represents a notable shift from the company's traditional pricing approach, as reported by The Korea Herald. Leaked information from South Korean telecom channels suggests the Galaxy Z Flip8 will experience a 13% price hike compared to its predecessor.The domestic cost for the 256-gigabyte Flip8 is projected to be around 1.68 million won (approximately USD 1,100), reflecting a significant rise. Meanwhile, the Galaxy Z Fold line will introduce a premium Fold8 Ultra and a…

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