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Smartphone market to shrink 15% this year due to memory crisis · 2 sources tracked

By PulseAugur Editorial · [2 sources] ·

Global smartphone shipments are projected to decrease by 15% this year, according to CCS Insight. This decline is attributed to a memory crisis, which is driving memory manufacturers to prioritize higher-margin server chips. Consequently, rising prices for new devices are expected to deter buyers, leading them to consider the second-hand market instead. AI

IMPACT Potential shift in consumer spending away from new devices towards the second-hand market.

RANK_REASON Significant market forecast from an analyst firm. [lever_c_demoted from significant: ic=2 ai=0.1]

Read on The Register — AI →

AI-generated summary · Google Gemini · from 2 sources. How we write summaries →

Smartphone market to shrink 15% this year due to memory crisis · 2 sources tracked

COVERAGE [2]

  1. The Register — AI TIER_1 English(EN) ·

    Smartphone market to shrink 15 percent this year due to memory crisis

    Buyers put off by rising prices expected to turn to second-hand phones instead

  2. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    📰 Smartphone Market To Shrink 15% This Year Due To Memory Crisis CCS Insight expects global smartphone shipments to fall 15% this year as AI-driven demand pushe

    📰 Smartphone Market To Shrink 15% This Year Due To Memory Crisis CCS Insight expects global smartphone shipments to fall 15% this year as AI-driven demand pushes memory manufacturers toward higher-margin server chips. "[S]ome entry-level devices have already see... 📰 Source: Slas…

    LINKS mobile.slashdot.org/…/smartphone-market-t…

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