Smartphone Market Shrinks: Chip Crisis Cuts Sales 13%
Global Smartphone Market Faces Steep Decline Amidst Memory Chip Shortages and AI Demand The global smartphone market is bracing for a significant contraction, with projections indicating a 13% decline in shipments this year. This downturn isn’t due to waning consumer interest, but rather a critical shortage of memory chips, exacerbated by the surging demand from … Read more