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Global Smartphone Market Shrinks for the First Time Since 2023 and the Chip Crisis is Just Getting Started

Copyright protected content copied from PhoneWorld website. Global smartphone shipments fell to 289. 7 million units in the first quarter of 2026, a 4. 1% drop year-over-year, according to preliminary data from the International Data Corporation (IDC). That wipes out nearly a year’s worth of recovery momentum and marks the first quarter of negative growth since 2023. The easy narrative is slowing demand. The. .. The post Global Smartphone Market Shrinks for the First Time Since 2023 and the Chip Crisis is Just Getting Started appeared first on PhoneWorld.

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