While Samsung and Apple gained market share, Chinese manufacturers including Xiaomi, Oppo and Vivo are struggling with rising costs and weaker demand.The global memory chip crisis caused worldwide smartphone sales to decline by 11% in the second quarter of 2026, reaching their lowest level in 13 years, according to data published Monday by research firm Counterpoint. Despite the overall downturn, …
Smartphone sales hit 13-year low as AI chip demand squeezes memory supply
