Flagship smartphones are pricey. You’ll have to pay a hefty price upfront or in monthly installments, even if you trade in a recent device. Of course, you get a lot of bang for your buck from premium camera systems with multiple lenses, to top-of-the-line processors and a few extras too, like styluses or folding displays, and the longest software update support available. However, due to all of these features and the upcoming new features, flagship phone prices are expected to rise in the near future.

According to tipster Yogesh Brar, the prices of major flagship smartphones are expected to rise in the near future. The Google Pixel 8 series, the iPhone 15 series, the Samsung Galaxy S24 series, and the Xiaomi 14 series are all said to be affected, with price increases of up to $200 depending on the variant.

The rumored price hike for flagship phones is not surprising, given the current market conditions and rising costs. The upcoming Snapdragon 8 Gen 3 chip is expected to be more expensive than its predecessor, which will likely lead to higher prices for Snapdragon-powered flagship smartphones.

 In addition, the iPhone 15 series is expected to feature a number of new and expensive components, such as a new A17 Bionic chip, a titanium frame, and a periscope lens. Apple has been able to keep the starting prices of its iPhones in the US relatively affordable in recent years, but it may be forced to raise prices this year due to inflation.

The Pixel 8 series is also expected to see a price increase, likely due to the new Tensor G3 chip, improved refresh rates, and a new camera sensor. Samsung will offer Exynos 2400 variants of its upcoming flagships in some markets, which could balance out the expenses. However, it will still offer Snapdragon variants in other markets, such as the US, so the prices for these variants are still expected to be higher than its predecessors. 

All in all, it seems that the price of upcoming flagship smartphones is likely to rise. Consumers should be prepared to pay more for their next flagship smartphone.

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