Friday, 24 March, 2023

Component shortage will disrupt global smartphone sales in 2022

<p>Global smartphone sales are estimated to be affected in 2022 due to component shortages, production disruptions, and poor stock availability. Following a 12.5% drop in 2020, smartphone sales rebounded in the first half of 2021. Lower smartphone sales due to Covid-19 last year and a return to growth in the first half of 2021 helped move the industry forward. However, in the second half of 2021, component shortages and supply chain issues hindered smartphone sales.<br /> &nbsp;</p>