The global smartphone market has slumped to its weakest second quarter in more than a decade as the artificial intelligence (AI) I infrastructure boom diverts memory chips away from consumer electronics, driving up handset prices and squeezing demand in sensitive markets like Kenya.
Global smartphone shipments fell by 11 percent year-on-year in the three months to June, marking the lowest second-quarter volumes since 2013, according to market intelligence firm Counterpoint Research.
