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Smartphone market set for biggest-ever decline in 2026 on memory price surge, IDC says
Yahoo Finance· 2026-02-26 19:08
Feb 26 (Reuters) - The global smartphone market is poised to suffer its biggest decline ever in 2026, sinking to a more than decade low in shipments, as surging memory chip prices drive up device costs, the International Data Corporation said on Thursday. Smartphone shipments are expected to drop 12.9% to 1.12 billion units, the research firm said in a report. The decline will hit low-end Android manufacturers the hardest, while Apple and Samsung are positioned to gain market share as smaller rivals ...