Smartphone Shipments Down 6 As Chip Shortage Hits Hard
Canalys does not expect this chip shortage problem to ease until “well into 2022”. So the shipment figures could look worse in subsequent quarters. Meanwhile, to ensure that OEMs don’t over-order components, chip manufacturers are increasing prices. This will help close the gap between demand and supply. However, higher costs of key components will also mean higher retail prices of devices. Canalys expects smartphone prices to go up in the coming months....