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Smartphone shipments to fall as prices hit record highs

Cyprus Mail 29 June 2026, 07:30
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Smartphone shipments to fall as prices hit record highs
Global smartphone market shifts towards premium devices The global smartphone market is undergoing a major structural transformation, with manufacturers increasingly abandoning low-cost, high-volume strategies in favour of premium devices as rising component costs and geopolitical uncertainty reshape the industry, according to the latest research from Omdia. Omdia’s latest global smartphone forecast predicts that worldwide smartphone […]