Categories: Business News

Global smartphone market faces record annual decline as chip crunch worsens

By Che Pan and Casey Hall BEIJING, June 1 (Reuters) – The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to…

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Published: June 1, 2026 13:24:06 IST

By Che Pan and Casey Hall BEIJING, June 1 (Reuters) – The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: June 1, 2026 13:24:06 IST

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