Global smartphone shipments set to decline in 2026 amid rising costs

Global smartphone shipments are forecast to decline by around 7 per cent year-on-year in 2026, according to a report by market intelligence firm Omdia.

The forecast is based on first-quarter memory price assumptions, which indicate that pricing pressure and constrained supply are expected to begin easing during the second half of the year.

Despite the anticipated easing, the global smartphone market is expected to face significant challenges in 2026 as tightening memory supply...