China’s handset market and domestic brands were among the hardest hit as chipmakers prioritized AI data centers over consumer electronics

July 13 : Global smartphone shipments fell 11 per cent in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset…

Phone prices are soaring because of the memory crisis.

The memory crunch has dragged down global smartphone shipments to the lowest second-quarter levels in 13 years.