memory chip shortage impact

Global Smartphone Shipments to Hit Record Low in 2026 – IDC Flags Impact of Memory Shortage and Rising Prices

The global smartphone market is expected to face one of its most challenging years in 2026, according to the latest report by the International Data Corporation (IDC). Surging demand for artificial intelligence technologies has placed sustained pressure on memory supplies, contributing to a broader chip shortage. As a result, IDC projects a sharp decline in ...