Categories: Tech & Auto

Global smartphone market faces record annual decline as chip crunch worsens

By Che Pan and Casey Hall BEIJING, June 1 (Reuters) – The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Asia chip firms see strong AI demand; market jitters continue

TOKYO/TAIPEI Oct 30 (Reuters) - Asian chip-supply-chain companies said on Friday that AI-related demand remained…

2 minutes ago

Analysts react as Binance freezes assets after $6.3 billion security breach

SINGAPORE, Oct 30 (Reuters) - Binance, the world's largest cryptocurrency exchange, said a security breach…

3 minutes ago

Russian investigative newspaper Novaya Gazeta says it is shutting down after 'coordinated campaign'

MOSCOW, Oct 30 (Reuters) - Independent Russian newspaper Novaya Gazeta said on Friday that it…

8 minutes ago

Dakar Rally 2027 will be held in Portugal and Morocco, organizers say

VIDEO SHOWS: ARCHIVE FOOTAGE RELATING TO THE DAKAR RALLY / ARCHIVE FOOTAGE OF SAUDI ARABIA…

9 minutes ago

Central banks take a breather, though more hikes are to come

By Sophie Kiderlin and Stefano Rebaudo LONDON, Oct 29 (Reuters) - Major central banks took…

12 minutes ago

Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets

By Sinéad Carew and Aditya Soni NEW YORK, Oct 29 (Reuters) - Wall Street's worries…

14 minutes ago