Smartphone shipments reportedly fell 20–22% year on year in Q3
SemiconductorsUnverifiedUpdated:
IDC and Omdia preliminary estimates indicate that global smartphone shipments fell by at least a fifth year on year in the third calendar quarter, while elevated memory-component costs reportedly squeezed lower-priced handsets.
Shipment estimates from IDC and Omdia
IDC estimated 255.3 million smartphones were shipped into distribution channels during the third calendar quarter, while Omdia estimated roughly 255 million. The firms gave differing estimates for the year-on-year decline: 22 percent from IDC and 20 percent from Omdia. The article also attributed pressure on vendor margins and value-end devices to rising memory costs.
IDC and Omdia compared third-quarter shipments with the same quarter a year earlier, but the reported figures do not provide the earlier shipment totals.
Preliminary IDC and Omdia estimates put the year-on-year third-quarter decline in smartphone shipments at 22 percent and 20 percent, respectively.
Memory-cost pressure on lower-priced phones
The reported decline links a semiconductor-component cost crunch to a major consumer-hardware market, with lower-priced phones identified as particularly exposed. The estimates remain unverified.
Sources
- The RegisterSmartphone shipments plummet as memory crisis pumps up pricesRead source →