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Rising component costs threaten smartphone demand outlook

Cyprus Mail 13 April 2026, 08:00
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Rising component costs threaten smartphone demand outlook
The global smartphone market grew by 1 per cent year-on-year in the first quarter of 2026, performing above expectations, despite mounting cost pressures, according to industry analysts Omdia. The report found that shipment volumes were temporarily supported by vendor inventory frontloading, which masked the full impact of rising supply-side costs. At the same time, memory […]