DEAL Galaxy S24 FE, Galaxy Watch 7. Subscribe today and be the first to learn about One 7 beta!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung to increase camera component prices next year

Camera
By 

Last updated: November 29th, 2023 at 12:40 UTC+01:00

Sluggish smartphone sales recorded over the past couple of years contributed to a decline in demand for CMOS image sensor (CIS) components. However, as the market recovers for the first time in two years, Samsung, one of the mobile market's major CIS component suppliers, has seen high enough demand to increase prices.

According to Chinese media outlet Money, today, Samsung has issued a CIS component price increase notice to its customers in China. Distributors, including Qingya and Supreme, are said to benefit from this change.

According to the report, the average price of CMOS image sensor components in the first quarter of 2024 will increase by 25%. Some individual CMOS components will cost as much as 30% extra.

CMOS market recovers as phone sales increase

In recent years, demand for CMOS image sensor components reportedly declined, proportional to lagging smartphone sales.

However, for the first time in two years, the smartphone market rebounded in October, and phone sales are increasing (via CNBC).

According to the Chinese media, this increase in smartphone sales has directly improved the demand for CIS components, prompting Samsung to increase prices for 2024.

Nevertheless, the recent report suggests that image sensor component price increases mainly affect units with 32MP and higher resolutions. Whether this change will also affect prices for Samsung's own Galaxy phones rocking 32MP-or-higher cameras is to be determined.

Via BusinessCameraGeneralPhone Samsung Electronics Buy Galaxy S23 FE Now
Scroll for more related content
News For You

You might also like

Samsung’s profit jumps 72.8% in Q3 2024 despite chip struggles

Samsung’s profit jumps 72.8% in Q3 2024 despite chip struggles

Earlier today, Samsung announced its earnings for the third quarter of 2024. While the company's profits beat market expectations, its struggles in the memory chip market remain. The South Korean firm reported a consolidated revenue of KRW 79.1 trillion ($57.34 billion) and an operating profit of KRW 10.1 trillion ($7.3 billion). Samsung's net profit in […]

  • By Asif Iqbal Shaik
  • 18 hours ago
Samsung’s device repair network welcomes 300+ more locations

Samsung’s device repair network welcomes 300+ more locations

Samsung's customer care network is expanding. The company announced today that its partnership with Cell Phone Repair (CPR) by Assurant, an Independent Service Provider (ISP) within Samsung's repair network, is opening more than 300 new service locations before the end of 2024. At the beginning of the year, CPR had roughly 100 locations certified by […]

  • By Mihai Matei
  • 2 days ago
Samsung goes all nostalgic for the ‘glorious Y2K era’

Samsung goes all nostalgic for the ‘glorious Y2K era’

Samsung has become nostalgic for the year 2000 and has partnered with two designers to create new accessories inspired by popular trends of the era. This new collection of accessories, designed for the Galaxy Z Flip 6 and the Galaxy Buds 3, recalls “the simpler and more fun years of our youth,” when the Internet […]

  • By Mihai Matei
  • 1 week ago
Clever trick from Samsung might fix moisture detection warnings

Clever trick from Samsung might fix moisture detection warnings

Samsung Galaxy phones and tablets boast a high level of water resistance, but the USB ports are not covered, and as everyone knows, water and electronic circuits don't go well together. To avoid water damage and keep water resistance without resorting to USB port covers, Samsung developed a clever software component that automatically detects moisture […]

  • By Mihai Matei
  • 2 weeks ago
New insight tells different story of Samsung-Apple rivalry in Q3

New insight tells different story of Samsung-Apple rivalry in Q3

Yesterday, we covered some market data for the global smartphone segment in Q3 and reported that, according to those numbers, Samsung and Apple held roughly the same market share in the third quarter of 2024. However, different analysts use different methodologies, and today, fresh insight from Counterpoint Research paints a new picture. While Canalys data […]

  • By Mihai Matei
  • 2 weeks ago
Samsung and Apple had equal global phone market share in Q3

Samsung and Apple had equal global phone market share in Q3

Industry experts say the global smartphone market grew year-on-year in Q3, attributing the higher sales to the ongoing phone replacement cycle. And as the segment grew, the competition between the top five global smartphone brands intensified. In Q3, Samsung and Apple had nearly equal market share. Each company held roughly 18% of the global smartphone […]

  • By Mihai Matei
  • 2 weeks ago