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Semiconductor Today November 2, 2026 neutral

Smartphone shipments fall 20% year-on-year in Q3, the lowest third-quarter total since 2013

AI / LLMSupply Chain
Global smartphone shipments fell 20% year-on-year (YoY) to 254.7 million units in Q3/2026, according to Omdia, marking the lowest third-quarter shipment volume since 2013. Rising smartphone prices continued to weigh on consumer demand, particularly in emerging markets. Distributors and retailers also remained cautious about replenishing inventory ahead of the holiday season, as higher device costs increased working capital requirements and limited stocking volumes...
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