More smartphone struggles, as reports trickle in for Q2. Per Canalys, global shipments dropped 9% for the quarter, reversing a brief recovery for the category, whose woes have only been amplified by the pandemic, ensuing shutdowns, supply chain issues and persistent economic uncertainty.
The 287 million units represent the lowest figure since Q2 2020, when the pandemic started. Interestingly, the confluence of longstanding concerns have led to new issues – namely oversupply. Slowing interest have saddled companies with back stock on older models.
“Supply chain shortages are no longer the most