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Industry front loading lifts smartphone shipments ahead of cost hikes

Cyprus Mail 11 May 2026, 07:30
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Industry front loading lifts smartphone shipments ahead of cost hikes
The global smartphone market expanded by one per cent year-on-year during the first quarter of 2026, according to a report by market intelligence firm Omdia. The industry saw total shipments reach 298.5 million units as vendors accelerated activity to stay ahead of rising component costs. This performance exceeded initial expectations primarily because companies like Samsung […]