Cyprus Mail19 Jul 2026

Global smartphone shipments fall as memory crisis reshapes market

Global smartphone shipments fell by 4 per cent year-on-year in the second quarter of 2026 as an ongoing memory crisis disrupted supply chains and pushed up component costs, according to the latest research from market intelligence firm Omdia.

The decline has created a sharply polarised smartphone market, with vendors experiencing very different outcomes depending on their scale, product strategies, pricing decisions and target customers....

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