Soft global demand drives smartphone shipments down ~
Worldwide smartphone shipments declined 8,9% year over year in the first quarter of 2022 , according to preliminary data from the International Data Corporation Worldwide Quarterly Mobile Phone Tracker.
“Although some decline was expected in Q1, due to the ongoing supply and logistical challenges and a difficult year-over-year comparison, things seemed to have taken a turn for the worse,” says Nabila Popal research director at IDC. “Consumer sentiment across all regions, and especially China, is broadly negative with heavy concerns around inflation and economic instability that have dampened consumer spending.
From a regional standpoint the obvious focus has been on Ukraine, Russia, and the rest of Eastern Europe. The Central and Eastern Europe region was down close to 20% during the quarter, and the outlook for many of those markets remains uncertain. “It goes without saying that the world continues to face numerous challenges, whether it be geopolitical, pandemic related, or macroeconomic,” says Ryan Reith, group vice president with IDC’s Worldwide Mobile Device Trackers. “Almost everything that’s happened in recent months has been a headwind on the smartphone market, and realistically many other technology segments.
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