Published Oct 12, 2026, 11:51 AM ET · Updated a month ago · 1 source

Global smartphone shipments record worst third quarter in 14 years amid memory shortage

reuters
reuters
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Original Report

Global smartphone shipments fell 20% on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers ​and pushed up prices, preliminary estimates from Counterpoint Research showed on ​Monday.