Report: Samsung execs worried company could lose money on smartphones for the first time

Samsung is reportedly worried that rising DRAM and storage costs could make its smartphone business unprofitable for the first time.

While Samsung’s semiconductor unit is posting record profits, its mobile division faces pressure from memory shortages and higher component prices.

The company has already raised prices on some Galaxy phones and tablets, and foldable models may get further increases.

If the trend continues, Samsung and other phone makers could see slimmer margins and higher prices across budget and midrange devices.