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REUTERSGlobal 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.Rising prices for memory components as AI infrastructure projects corner supplies have driven up production costs and prompted manufacturers to raise retail prices, cut shipments and prioritise profitability over volumes."Consumers are holding on to their devices….
Shipments fell 3% from a year earlier during the quarter.Apple's market share reached 22%, crossing 20% for the first time in a third quarter, despite a year-on-year decline in shipments.The absence of a base iPhone 18 model resulted in a smaller launch-month channel fill than the full iPhone 17 lineup a year earlier, Counterpoint said.OPPO and vivo recorded shipment declines of more than 20%.
Xiaomi saw a more than 30% fall, reducing its market share to 10% as the company cut exposure to lower-priced devices and some overseas markets to protect margins."The outlook for the remainder of 2026 remains challenging," Counterpoint said."Production cuts, tighter portfolios, and greater focus on premium devices are likely to continue, while price-sensitive segments face further pressure from higher device prices and limited availability of components."This material may not be….
Unless otherwise stated, all content is Global smartphone shipments record worst third quarter in 14 years amid memory shortage Reuters | Updated 5 minutes ago | Samsung led with 23% market share, driven by Galaxy Z Fold8 demand, despite a 3% annual shipment decline.
