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Memory Costs Stall Smartphone Market in Q1 2026 as Apple and Samsung Split No. 1

Analysts link the downturn to soaring memory prices that lifted phone costs, squeezing margins.

Overview

  • IDC’s report Thursday put Q1 2026 smartphone shipments at 289.7 million, down 4.1%, ending the rebound that began in 2023.
  • Counterpoint ranked Apple first while IDC placed Samsung on top, a gap researchers trace to how each counts frontloaded shipments versus sell‑through and channel checks.
  • Counterpoint on Friday said iPhone shipments in China jumped about 20% with Apple at 19% share as Huawei led with 20% on stable supply and strong demand.
  • India logged its weakest quarter in six years with shipments down roughly 3%, as higher memory costs pushed prices up by about ₹1,500 on many models and stretched upgrade cycles.
  • Researchers expect elevated DRAM and NAND costs to persist into Q2, keeping prices high, thinning low‑end options, and steering brands toward premium devices where costs are easier to absorb.