Chip Crisis Causes Cell Phone Market To Shrink By 6.8%

0

Chip shortages, a result of the current semiconductor crisis in the technology industry, continue to affect cellphone sales around the world. That’s one of the conclusions of a Gartner report that surveyed the industry in the third quarter of 2021.

Between the months of July and September this year, smartphone sales fell by 6.8% compared to the same period last year. In all, 342.2 million units were sold, around 20 million less than in 2020.

According to Gartner, the lack of chips on the market has had several consequences, ranging from reduced inventory on devices and higher prices to changes in the calendar — which caused devices that would normally come out this quarter to be postponed.

Also, premium models were far less harmed than entry-level and mid-range devices. As they are the most sold in volume, despite the lower cost, the impact felt in the number of units sold is greater.

The top marks

The report also separated the top 5 manufacturers in the period and the number of cell phones sold in the third quarter of 2021.

5. Oppo – 33.6 million
4. Alive – 36 million
3. Xiaomi – 44.4 million
2. Apple – 48.4 million
1. Samsung – 69 million
Soaring, Samsung was the top seller of devices in the quarter, while Apple was just ahead of Xiaomi. Two other rising Chinese brands close the main list.