Smartphone Market Braces for Historic Downturn, with Diverse Agencies Forecasting Sluggish Shipment Figures
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Author:小编   

The smartphone market is poised to confront its most challenging year on record, as a confluence of factors, including the US-Iran tensions and skyrocketing memory chip prices, have cast a shadow of uncertainty over the industry. Market research entity IDC had initially projected a 12.9% year-on-year decrease in global smartphone shipments, attributing this decline to memory shortages propelled by artificial intelligence demands. However, on Tuesday, IDC revised its forecast, now anticipating a steeper 13.9% drop, pointing to the exacerbated weakening of market demand as a direct consequence of the escalating US-Iran conflict.