Smartphone Market 2022 Decline Trendforce Report Smartphone

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Global Smartphone Market Faces Decline in 2022 Due to COVID, Inflation: TrendForce

ByNews Polite May 13, 2022

Smartphone market in 2022 is expected to decline due to COVID and inflation, according to a recent report by market research firm TrendForce. The global smartphone production volume in Q1 2022 stood at 310 million units — a QoQ decrease of 12.8 percent. The return of the pandemic in China…

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