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Devices · 1h ago

Global Smartphone Sales Drop 6% as Memory Costs Bite

By Meridian48 News Desk · Summarised from Engadget ·

Global smartphone sales fell 6% in the latest quarter, driven by rising memory chip prices. Apple and Samsung bucked the trend, increasing their market share despite the overall decline. The slump highlights how component cost inflation is squeezing the broader handset market.

Meridian48 take
The headline blames a 'memory cost crisis,' but the real story is that Apple and Samsung are winning share in a shrinking market, squeezing smaller players.
Read the full reporting
Global smartphone sales fall by six percent amid memory cost crisis →
Engadget
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