AI’s memory chip crunch is crushing the smartphone market
This story is from 2026-10-16. It is preserved in the archive; the latest stories are on the live feed.
Smartphone shipments plunged a record 22%, according to IDC, as soaring memory costs force manufacturers to raise prices and abandon cheaper models.
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- 2026-10-16 12:38 · Fast Company AI
AI’s memory chip crunch is crushing the smartphone market