Components Shortage Sends Smartphone Market Into Decline

An anonymous reader quotes a report from Ars Technica: Component shortages have been wreaking havoc on the tech industry since the onset of the COVID-19 pandemic, and smartphones are no outlier. Decelerated production schedules have given way to smaller stock and delayed launches. All of this has resulted in a decline in smartphone sales in Q3 of 2021 compared to Q3 2020, Gartner reported today. According to numbers the research firm shared today, sales to consumers dropped 6.8 percent. A deficit in parts like integrated circuits for power management and radio frequency has hurt smartphone production worldwide. "Despite strong consumer demand, smartphone sales declined due to delayed product launches, longer delivery schedule, and insufficient inventory at the channel," Anshul Gupta, senior research director at Gartner, said in a statement accompanying the announcement. The analyst added that the production schedules of "basic and utility" phones were more affected by supply constraints than "premium" ones. As a result, premium smartphone sales actually increased during this time period, even though smartphone sales overall declined. Still, shoppers were left with limited options, Gartner noted. Samsung ended up winning the greatest market share (20.2 percent), thanks to its foldable smartphones. Apple's quarterly market share (14.2 percent) was aided by new features in its iPhones, namely the A15 processor and improvements to battery life and the camera sensor. Gartner also pointed to interest in 5G.

Read more of this story at Slashdot.