Apple, Samsung Can Absorb the Smartphone Cost Shock — Smaller Rivals May Not Be so Lucky
Rising component costs and memory inflation trigger smartphone price hikes and falling sales in the U.S. and China, per Counterpoint.
Making smartphones costs more money right now, so companies are raising prices and selling fewer phones. Big companies like Apple can handle this, but smaller phone makers might really struggle with the extra costs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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