According to IDC Research, the global smartphone market is projected to experience its largest ever decline in 2026. The primary driver is the rising cost of memory chips, which is increasing device prices and causing shipments to drop to a ten-year low.
IDC Research stated on Thursday that the global smartphone market is expected to see the largest decline ever in 2026, with shipments falling to their lowest level in over a decade. This is due to rising prices for memory chips, which leads to higher device costs.
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