Record Smartphone Slump Ahead: Shipments Hit Lowest Since 2013 Amid Chip Chaos

Global smartphone shipments plunge 12-13% in 2026—the worst drop ever—due to AI-driven memory chip shortages pushing prices sky-high, per IDC & Counterpoint.

Record Smartphone Slump Ahead: Shipments Hit Lowest Since 2013 Amid Chip Chaos
Credit: Dhiraj Singh/Bloomberg
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