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2023 will be even worse than 2022 for the mobile phone industry if this report pans out

March 23, 2023


After suffering the largest ever decline in global shipments in Q4 2022 and ending last year with significantly lower volumes than in 2021, you might be wondering just how much worse things could possibly get for the smartphone market in the near future.

The answer is… not the one you’re probably hoping for, as the latest CCS Insight report forecasts another big drop in worldwide sales this year for both smartphones and mobile phones as a whole.

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