Smartphones

Shipments shrank year on year during the second quarter despite the region being considered ‘the world's most resilient market’

Other factors such as regional uncertainty have also played a hand in the year on year decline

The market is currently facing headwinds from many fronts, including weakening demand, inflation, and continued geo-political tensions

The analyst predicts supply bottlenecks will continue in the upcoming quarter, but maintains the region will be a priority for the top vendors

The leading smartphone vendor experienced an almost double-digit year on year decline

Inflation and economic instability has had a significant effect on last quarter’s smartphone shipments, says IDC

The global market managed a modest rise in 2021 following a double-digit fall in 2020

The analyst expects shipments to rise despite ongoing supply chain constraints

Gartner said the component shortage of radio frequency and power management integrated circuits has delayed smartphone production globally

The analyst said although a drop was expected in the seasonally low Q3, the actual decline was over twice the forecast