IDC: Smartphone shipments forecast to reach lowest volume in a decade
Worldwide smartphone shipments are forecast to decline 4.7% year over year in 2023 to 1.15 billion units, the lowest volume in a decade, according to the International Data Corp. (IDC) Worldwide Quarterly Mobile Phone Tracker. This is a downward revision from IDC’s previous forecast of -3.2%, driven by a weaker economic outlook and ongoing inflation, which has dampened consumer demand and...
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