The Price of Progress: How Memory Shortages Are Reshaping the Smartphone Market Smartphone shipments have plummeted by 11% in the last quarter, marking their lowest second quarter level since 2013.
According to a report from Counterpoint, this decline is no anomaly but rather a symptom of a broader trend that's been building for years.
The escalating prices of DRAM and NAND chips have created a perfect storm that's pushing manufacturers to prioritize AI computing over consumer devices like smartphones and PCs.