Samsung will increase the prices of smartphones from the Galaxy series by 100-200 euros in the first month of summer.

According to the Greek publication Techmaniacs, Samsung will implement price increases for several smartphones in the Galaxy series, with prices expected to rise between 100 and 200 euros. These price changes will take effect in the first month of summer and will also affect the top models in the Galaxy S series, as well as the foldable Fold 7 and Flip 7.

Although Samsung has already raised prices in other regions, such as the United States, recent increases have mainly focused on cheaper models. The reason cited for these price hikes is the rising costs of memory and other components, affected by the increased demand from data centers for artificial intelligence.

However, unlike other smartphone manufacturers, Samsung, being a major chip producer, has chosen to focus on AI chips for higher profits, which suggests that it will not suffer losses due to the rising memory prices.