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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
GLOBAL SMARTPHONE SHIPMENTS PLUNGE 20% AS AI BOOM SQUEEZES CHIP SUPPLY Global smartphone shipments fell 20% in Q3, hitting their lowest third-quarter level since 2012, according to Counterpoint Research. AI data centers are absorbing memory chip supplies, driving up smartphone production costs and retail prices. Samsung leads with 23% market share, followed closely by Apple at 22%. Meanwhile, Xiaomi shipments plunged over 30%, as manufacturers prioritize margins over sales volumes.
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