"Samsung's Camera Component Prices Set to Rise in 2022"
Samsung, one of the major suppliers of CMOS image sensor (CIS) components for smartphones, is set to increase prices for these camera components in 2024. The sluggish smartphone sales in recent years led to a decline in demand for CIS components, but with the market rebounding and phone sales increasing, Samsung has seen a rise in demand and is raising prices by an average of 25%. The price increase mainly affects components with 32MP and higher resolutions, and it remains to be seen if it will impact the prices of Samsung's own Galaxy phones with higher resolution cameras.