Smartphone Shipments Drop 11% in Q2 Due to Chip Costs

Nate

·2 weeks ago

shared a link post in group #Gadgetsvia#The Most Important Thing

Smartphone shipments around the world fell 11% in the second quarter, Counterpoint Research reported on Monday, which it said was the lowest second quarter levels in 13 years.  #Gadgets #Data is beautiful 

The research firm attributed the sales drop to rising prices for smartphones caused by higher memory chip costs, which in turn is a result of the AI data center boom squeezing supplies of memory. Manufacturers such as Samsung have raised some prices, while iPhone maker Apple has raised prices for some hardware devices except the iPhone. But Apple is expected to hike iPhone prices when it unveils its next generation in the fall.

Despite the price increases, Samsung had the leading market share with 24%, Counterpoint estimated, while Apple’s share rose to 20%.

https://www.cnet.com/tech.. 

https://www.reuters.com/b..

www.reuters.com

Global smartphone shipments in second quarter hit lowest in 13 years on memory chip crunch

Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip ‌shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research.