Component Cost Inflation to Eradicate Over 230m Budget Smartphones by 2030

Rising component prices and elevated baseline specifications threaten to shrink global sub-$200 handset shipments by 40 per cent. More than 230 million annual sub-$200 smartphone shipments are projected to vanish from the global market between 2025 and 2030, according to Counterpoint Research’s latest Smartphone Shipment Forecast by Price Band tracker. The affordable segment is set […]