Smartphone Market Set to Shrink 13% Due to Memory Chip Crisis, IDC Says - Bloomberg.com
business 2026/02/26 19:00:00

Smartphone Market Set to Shrink 13% Due to Memory Chip Crisis, IDC Says - Bloomberg.com

Source:Bloomberg
Author:Vlad Savov

The global smartphone market will contract 12.9% in 2026 because of the unprecedented memory chip shortage, marking “a crisis like no other,” according to researcher IDC.