Smartphone Market Faces Worst Downturn Ever, IDC Reports
hitechexpert.topThe global smartphone market is navigating its most severe downturn on record. According to a new report from analytical firm IDC, device shipments plummeted by a staggering 22% in the third quarter of 2026 compared to the same period last year.
Experts warn that the most challenging phase for the industry is still ahead. Deep Dive into the Downturn Analysts attribute the sharp decline in sales primarily to a dramatic surge in memory chip prices.
