15-July-2026
Corporate News
 
Global Smartphone Shipments in Second Quarter Hit Lowest in 13 Years on Memory Chip Crunch
14-Jul-2026

Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research. Apple bucked the trend with a 3% rise in shipments, taking its global market share to a record 20% in the quarter on resilient demand for its premium iPhone lineup and keeping prices unchanged. However, analysts expect price increases in the coming months.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-13/global-smartphone-shipments-in-second-quarter-hit-lowest-in-13-years-on-memory-chip-crunch