Global smartphone market is expected to grow by 12% in 2021

Bol News  |  Jun 14, 2021

Sources report that the global smartphone market is expected to grow inversely by 12% as the smartphone industry is running out of chipsets.

According to the reports, the manufacturers are facing a dilemma whether to pass the plunging current manufacturing costs on to customers or face it themselves, leading to a market of pricey phones in the future due to the ultimate price effect.

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