Smartphone sales could be in for their biggest drop ever

Source: The Verge

Overview

The smartphone industry could experience a record‑breaking decline in 2026 due to a RAM shortage driven by memory‑hungry AI giants. According to the latest report from the International Data Corporation (IDC):

• Smartphone shipments are forecast to plummet 12.9 % this year, marking the lowest annual shipment volume in more than a decade.
• The average selling price for smartphones is set to hit new highs, with IDC predicting a 14 % increase to a record $523.
• While memory prices are projected to stabilize by mid‑2027, they are unlikely to return to previous levels.

Read the full story at The Verge