Tech
Rising chip costs to push global smartphone shipments down in 2026, Counterpoint says
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Global smartphone shipments are expected to decline 2.1% next year as rising chip costs are likely to impact demand, technology-focused market research firm Counterpoint said on Tuesday.
Electronics supply chains around the world have been hit by a shortage of legacy memory chips in recent months as manufacturers turned their focus to high-end memory chips suited for semiconductors designed for AI applications.
What we are seeing now is the low end of the market (below $200) being impacted most severely, with bill-of-materials costs (total cost of…
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