Global smartphone market confronts record annual decline as chip crunch worsens

Corroborated by 3 sources from 3 publishers

asiabusiness2d ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, by Che Pan and Casey Hall BEIJING, June 1 (Reuters) - The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to 1.08 billion units, Counterpoint Research said on Monday, citing a worsening shortage of memory chips.

Sources