{"id":1011446,"date":"2026-06-02T08:20:11","date_gmt":"2026-06-02T02:50:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1011446"},"modified":"2026-06-02T08:26:24","modified_gmt":"2026-06-02T02:56:24","slug":"global-smartphone-market-faces-record-annual-decline-as-chip-crunch-worsens-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/02\/global-smartphone-market-faces-record-annual-decline-as-chip-crunch-worsens-2\/","title":{"rendered":"Global smartphone market faces record annual decline as chip crunch worsens"},"content":{"rendered":"<p>BEIJING: The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to 1.08 billion units, Counterpoint Research said on Monday, citing a worsening shortage of memory chips. The forecast is a downgrade from the \u200c12.4% decline \u2060projected in February, \u2060with the squeeze in global chip supply exacerbated by the Iran war. <\/p>\n<p>The impact is being felt most acutely in lower-end smartphones as chipmakers shift production capacity to AI-related chips, making entry-level devices less economical to produce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to 1.08 billion units, Counterpoint Research said on Monday, citing a worsening shortage of memory chips. The forecast is a downgrade from the \u200c12.4% decline \u2060projected in February, \u2060with the squeeze in global chip supply exacerbated by the Iran war. The impact is being felt most acutely in lower-end smartphones as chipmakers shift production capacity to AI-related chips, making entry-level devices less economical to produce.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1011446","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1011446"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011446\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1011446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1011446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1011446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}