Smartphone Shipments Turning Negative: Omdia

Global smartphone shipments, which grew year on year in Q2 despite the spread of the COVID-19 delta variant and component shortages, will turn negative in Q3 due to continued supply shortages and reduced demand, said Omdia analyst Jusy Hong in a Monday report. Impacts of the pandemic “continue to reverberate” in the semiconductor and display markets, with shortages, supply-demand imbalance and price fluctuation, he said.