# Canon Warns of Price Hike for 2027 If Memory Costs Stay High

> Canon says memory cost hikes could lead to camera price increases in 2027.
- Title: Canon Warns of Price Hike for 2027 If Memory Costs Stay High
- Summary: Canon says memory cost hikes could lead to camera price increases in 2027. Canon may raise camera prices next year if memory component costs remain high due…
- Keywords: canon, memory costs, price increase, 2027, ai demand, camera prices, imaging division, Warns, Price, Hike, Memory, Costs
- Source: Digital Camera World — https://digitalcameraworld.com/cameras/a-camera-price-increase-is-coming-in-2027-if-high-memory-costs-continue-canon-says
- Published: 2026-10-29T12:50:09+00:00
- Read time: 1 min
- Topics: canon, memory costs, price increase, 2027, ai demand, camera prices, imaging division
## Canon's Financial Update
Canon lowered its initial predictions for the final three months of the year due to a component shortage for compact cameras and a slight decline in mirrorless sales numbers.
## Memory Cost Impact
Canon warned that higher memory costs could lead to price increases for cameras if the shortage continues into next year.
## Price Adjustment Policy
Canon plans to offset higher procurement costs through price increases starting next year while balancing sales volumes and profitability.
## Current Stockpiling Strategy
Canon has already stockpiled memory for 2026, but a price increase may still occur if costs persist after that inventory is used.
## AI-Driven Demand
Photographers have seen memory card and external hard drive prices rise significantly due to AI-driven demand for memory components.
## Production Constraints
The component shortage may prevent Canon from meeting production goals for popular cameras like the Canon PowerShot G7 X Mark III.
## Key takeaway

Canon may raise camera prices next year if memory component costs remain high due to AI-driven demand.