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Global Smartphone Shipments Fall 22% in Record Quarterly Decline

Shipments reached 255.3 million units as an AI-driven memory shortage raised component costs and added pressure on manufacturers.

By Simon Yoon
Published
Unbranded smartphones move along a conveyor with widening gaps / TokenPost.ai
Unbranded smartphones move along a conveyor with widening gaps / TokenPost.ai

Worldwide smartphone shipments totaled 255.3 million units in the September quarter, down 22% from a year earlier. It was the steepest quarterly year-over-year decline on record.

An AI-driven memory shortage raised component costs and added pressure on manufacturers.

The 22% drop is two percentage points steeper than an earlier Q3 estimate, which put the year-over-year decline at 20%.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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