Companies like Apple and Samsung have blamed China in recent weeks as the reason for their respective smartphone sales slowdowns. More broadly, meanwhile, factors like steadily rising handset price tags — with premium models starting at $1,000 and above — as well as better all-around quality have led consumers to wait longer than ever to upgrade and increasingly hold on to their current models as good enough for now.
All of which are among the reasons a new industry estimate predicts that global smartphone production will plummet another 19% this quarter, marking the fifth straight first-quarter decline.
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Smartphone production could plummet 19% this quarter to its lowest point since 2013 originally appeared on BGR.com on Mon, 14 Jan 2019 at 18:04:44 EDT. Please see our terms for use of feeds.
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