EconomyGlobal smartphone shipments suffer worst third quarter in 14 years amid memory shortage

Global smartphone shipments dropped 20% year on year to their lowest third-quarter level since 2012, preliminary estimates from Counterpoint Research showed Monday. Rising memory-chip costs and shortages squeezed manufacturers and pushed prices higher.

smartphonesshipmentsmemory chipssupply shortages

RReuters★★★☆☆2026-10-12 14:45Original