Weak consumer sentiment owing to increased global economic uncertainty and surging inflation amid the war in Ukraine are also expected to impact global smartphone shipments this year. Photo: Shutterstock
Weak consumer sentiment owing to increased global economic uncertainty and surging inflation amid the war in Ukraine are also expected to impact global smartphone shipments this year. Photo: Shutterstock
Smartphones

Global smartphone shipments to contract in 2022 as China’s Covid-19 lockdowns disrupt manufacturing, logistics

  • Total smartphone shipments are expected to reach 1.36 billion units this year, down 3 per cent from 1.39 billion in 2021, according to Counterpoint Research
  • It said China’s zero-Covid-19 measures have slowed its economy, causing a global chain reaction amid the country’s closed factories and rising logistics costs

Weak consumer sentiment owing to increased global economic uncertainty and surging inflation amid the war in Ukraine are also expected to impact global smartphone shipments this year. Photo: Shutterstock
Weak consumer sentiment owing to increased global economic uncertainty and surging inflation amid the war in Ukraine are also expected to impact global smartphone shipments this year. Photo: Shutterstock
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