Samsung May Hike Galaxy Phone Prices Again as Costs Surge

SammyGuru is reader-supported. We have affiliate and sponsored partnerships, so we may earn a commission when you buy through links on our site — at no extra cost to you. Learn more.

Samsung recently increased prices for Galaxy phones in several markets, but the company may not be done just yet. A new report suggests the company is preparing another round of price hikes for its flagship smartphones. The move reflects a growing problem across the consumer tech industry, where booming AI infrastructure demand is driving up the cost of critical components like RAM and storage.

Samsung’s flagship Galaxy phones could get pricier again

According to reports from Greek publication TechManiacs, Samsung plans to raise prices for multiple premium Galaxy devices in Greece starting in early June. The increase affects the Galaxy S lineup, Galaxy Z foldables, and even FE models that traditionally target more price-conscious buyers. Prices could go up by €100 or more, depending on the model and storage variant.

This is notable because the Galaxy S26 series already debuted with higher price tags than the 2025 lineup across various global markets. It wasn’t a uniform hike (some regions saw no increase at all), but the new flagships get costlier in most regions, particularly the higher storage models. Another increase could make Samsung’s premium lineup significantly less accessible in some regions.

Samsung isn’t the only company facing this problem, though. The broader tech industry is currently dealing with rising component costs driven largely by explosive AI growth. Cloud providers and AI companies are aggressively purchasing high-bandwidth memory and NAND storage. That demand is tightening supply chains for smartphone brands that rely heavily on the same memory and storage suppliers.

The result is higher production costs across the board. Several Chinese smartphone makers, including OPPO, OnePlus, vivo, and Xiaomi, have already raised prices in various markets throughout 2026. Samsung now appears to be following the same path more aggressively. While this report may specifically mention Greece, we won’t be surprised if Galaxy phones see price hikes in more markets in the coming months.

Written by

Sumit Adhikari

Sumit, a life-long Samsung user, is passionate about technology and has been professionally writing on tech since 2017. He’s a mathematics graduate by education and enjoys teaching basic mathematics tricks to school kids in his spare time. Sumit believes in artificial intelligence and dreams of a fully open, intelligent and connected world.

XMore from Sumit Adhikari →