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Smartphone shipments fall 20% YoY in Q3, worst since 2012, as memory costs spike

Analysts tie the slump to AI's demand for memory chips

2 Oct 12 9:20 AM · 1d ago · 1 article · 1 source · development 2 of 4

Rising prices for memory components, as AI infrastructure projects corner chip supplies, are said to have driven up production costs and prompted manufacturers to raise retail prices and cut shipments to protect profitability over volume.

Analysts tie the slump to AI's demand for memory chips
Channel News Asia

“Consumers are holding on to their devices longer than estimated, increasingly considering refurbished devices and prioritizing higher-value devices”

Shilpi Jain, Counterpoint senior analyst · rss ↗

Shilpi Jain Senior Analyst, Counterpoint ResearchSamsung Top smartphone manufacturer by market shareApple Smartphone manufacturerXiaomi Smartphone manufacturerCounterpoint Research Market research firm

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1Counterpoint Research reports 20% YoY…2–3Analysts tie the slump to AI's demand for…4Social reaction treats the decline as…
Oct 12yesterdaynow · 3:39 AM ET

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