Global smartphone shipments declined 22.0% year-on-year (YoY) to 255.3 million units in the third quarter of 2026 (Q3 2026), marking the largest YoY decline recorded in any quarter, according to preliminary data from the IDC Worldwide Quarterly Mobile Phone Tracker. The AI-led memory crisis continues to disrupt the market, with component costs rising to unprecedented levels and supply coming under pressure. Continue reading “Global smartphone shipments drop 22% in Q3 2026 amid memory crisis: IDC”