Chip shortage sees smartphone sales fall 6.8%

Chip shortage sees smartphone sales fall 6.8%

In a nutshell: Global mobile phone sales were down 6.8%in the 3rd quarter of the year, however the downturn wasn’t due to falling need: blame the chip crisis. It was a favorable Q3 for Apple, however, which has actually continued of Xiaomi to take the second-largest market share behind leader Samsung.

The information originates from Gartner’s newest market intelligence report The research study business keeps in mind that the depressingly familiar issue of the chip lack has actually seen smart device sales to end-users fall 6.8%year-on-year.

” Despite strong customer need, mobile phone sales decreased due to postponed item launches, longer shipment schedule and inadequate stock at the channel,” stated Anshul Gupta, senior research study director at Gartner. “Supply restraints affected the production schedule of fundamental and energy mobile phones a lot more than superior smart devices.”

Gartner defines radio frequency and power management incorporated circuits as short-supply parts that postponed production and affected sales. There was, nevertheless, great news for telephone company as premium handsets grew in appeal throughout the quarter regardless of general sales decreasing.

Looking at the leading 5, Samsung maintained its position at top with 69 million sales regardless of seeing its market share drop 1.9%YoY. The Korean company was assisted by strong need for its Galaxy Z Fold 3 and Galaxy Z Flip 3 gadgets.

Apple (48 million) was a little ahead of Xiaomi (44 million). Gartner composes that upgrades in the iPhone 13 line, such as the bionic A15 sensing unit and electronic camera, integrated with Apple’s trade-in programs assisted stimulate sales. Xiaomi, on the other hand, continued its growth in Europe and the Middle East.

Fourth location Vivo saw the biggest annual development with a 20.9%increase to 36 million. The 3rd Chinese producer on the list, OPPO, took the 5th position with 33 million sales.

While in 2015’s lockdowns provided mobile phone sales an increase, the majority of the Q3 2021 decrease can be credited to the chip crisis, which is impacting essentially every electronic customer item (and car) out there, from significantly pricey graphics cards to consoles It’s even resulted in some makers offering video gaming PCs without committed GPUs

Image credit: bodnar.photo

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