Global smartphone shipments plunge 20% to lowest level in 14 years

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Global smartphone shipments fell 20% year over year in the third quarter of 2026, reaching their lowest level for that period since 2012. Persistent memory shortages and higher component costs disrupted supply and pushed retail prices upward.

Global smartphone shipments fell 20% year-on-year in the third quarter of 2026 to their lowest level for the period since 2012, as persistent memory shortages and rising component costs disrupted supply and pushed up retail prices. The post Global smartphone shipments plunge 20% to lowest level in 14 years appeared first on Nairametrics.