The global chip shortage has impacted everything from car production to PS5 restocks, but while the smartphone industry has been reasonably resilient, it’s due to get worse according to a new report from Counterpoint Research.
The shortage is apparently “hitting [the] smartphone industry hard,” and as such the firm is revising its estimate for smartphone shipments down from 1.45 billion units down to 1.41 billion.
That may not sound like a dramatic change, but bear in mind that the coronavirus-suppressed sales figures last year capped at 1.33 billion, and you can see this isn’t the bounce back many would expect as the world opens up.
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