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Samsung price hike seen raising pressure on Apple and Google smartphone prices

An analysis says Samsung’s decision to raise prices by $100 across its latest foldable flagship and ultra-premium smartphones is increasing upward pressure on prices across the industry. The report says similar moves by Google and Apple are being discussed, with concerns that consumers may extend replacement cycles. It cited commentary from Engadget and examples including Valve’s Steam Deck pricing and survey and research findings on how higher prices could reduce demand.