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If these expectations are met, sales volumes will reach their lowest level in over ten years. This is because of the worsening shortage of memory chips, as stated in the research company's report.
Francisco Jeronimo, who holds the position of Vice President for Global Client Devices at IDC, states that the worldwide smartphone market, especially those companies that manufacture Android devices, is encountering a major risk.
In his view, vendors that mainly focus on the cheapest models are probably going to be affected the most. Increasing expenses for components will affect their profits, and they will have to transfer these higher costs to the final customers. Apple Inc. and Samsung, on the other hand, are best positioned to handle this crisis.
The expert points out that while smaller, lower-end Android device manufacturers face increasing costs, Apple and Samsung will not only be able to handle these challenges but may also have the opportunity to increase their market share as competition becomes more intense.
source: idc.com
Francisco Jeronimo, who holds the position of Vice President for Global Client Devices at IDC, states that the worldwide smartphone market, especially those companies that manufacture Android devices, is encountering a major risk.
In his view, vendors that mainly focus on the cheapest models are probably going to be affected the most. Increasing expenses for components will affect their profits, and they will have to transfer these higher costs to the final customers. Apple Inc. and Samsung, on the other hand, are best positioned to handle this crisis.
The expert points out that while smaller, lower-end Android device manufacturers face increasing costs, Apple and Samsung will not only be able to handle these challenges but may also have the opportunity to increase their market share as competition becomes more intense.
source: idc.com







