Global Smartphone Shipments Drop 4% in Q2 2026 as Memory Crisis Drives Higher Prices

Global smartphone shipments declined 4 percent year-on-year in the second quarter of 2026 (2Q26) as a prolonged memory chip crisis disrupted supply chains and sharply increased component costs, according to Omdia report . Q2 2026 data for smartphone market size The biggest impact was on the sub-$400 smartphone segment, where tight supply, thin profit margins, and price-sensitive consumers led to the steepest shipment declines, Runar Bjorhovde, Principal Analyst at Omdia.