Slowing demand for smartphones is one of the reasons shipments declined by 7.1% year-on-year (YoY) and 21.6% quarter-on-quarter with a total of 3.9 million smartphones in the first quarter of 2022 (1Q22). Market intelligence firm International Data Corp. also cited the ongoing supply shortage for low-end smartphones for the continued decline. "While 5G smartphones have […]
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