Memory Price Surge Batters Smartphone Industry: Q1 Global SoC Shipments Drop 8%

April 27, 2026 – According to Counterpoint Research’s “Preliminary Report on Global Smartphone SoC Shipments,” the global smartphone SoC market faced significant headwinds in the first quarter of 2026, with shipments declining by 8% year-on-year. This downturn was primarily attributed to persistent storage shortages, soaring memory prices, and geopolitical uncertainties, which collectively weighed on the…

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