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The global smartphone market just had its worst quarter in two years, and memory is to blame

Summary by Tech Wire Asia
Global smartphone market fell in Q1 2026 as a DRAM and NAND shortage squeezed supply and pushed prices beyond reach for many consumers The memory crunch is reshaping the global smartphone market rankings, with premium-focused brands pulling ahead while volume players absorb the heaviest losses The global smartphone market ended a 10-quarter growth streak in Q1 2026, with shipments declining between 4% and 6% year-over-year depending on the metho…
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Tech Wire Asia broke the news in Kuala Lumpur, Malaysia on Friday, April 24, 2026.
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