Qualcomm, one of the largest suppliers of critical smartphone components, has once again revised down a gloomy forecast. Unfortunately not on a positive side. A significant decline in smartphone sales is expected for the entire calendar year. Even the smartphone market leaders are in trouble.
“Given the uncertainty caused by the macroeconomic environment, we are updating our forecast for calendar 2022 3G/4G/5G mobile phone volumes, which have declined at a mid-single-digit percentage rate year over year. Double-digit percentage range.“
Qualcomm
Of course, negative numbers still have a particularly strong impact on markets that are primarily bullish. Even if it doesn’t last. Even during the holiday season, expect sluggish sales, Qualcomm hinted Recently, all smartphone brands except Apple have lost ground.
