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Global Smartphone Shipments Fall 20% as Memory Costs Surge

Global smartphone shipments fell 20% year on year in the third quarter of 2026, reaching their lowest level for the peri…

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AI infrastructure demand tightens memory chip supplies, pushing global smartphone prices higher and forcing manufacturers to prioritise profitability over shipment volumesGlobal smartphone shipments fell 20 per cent year-on-year in the third quarter of 2026, reaching their lowest level for the peri…