Global smartphone shipments fell 4.1% YoY in Q1, the first decline since 2023, amid a memory chip crunch; Samsung's shipments grew 3.6% and Apple's grew 3.3% (IDC)

IDC: Global smartphone shipments fell 4.1% YoY in Q1, the first decline since 2023, amid a memory chip crunch; Samsung's shipments grew 3.6% and Apple's grew 3.3% — Limited memory supply and record high memory prices increase pressure on smartphone OEMs to reduce shipments and increase prices that dampen demand.