Budget Smartphones Fade Out Amid Memory Shortage and Rising Costs
US smartphone market sees a sharp decline in budget devices due to rising component costs and economic pressures, with sales dropping 64% in the second quarter of 2026.
Aug 16, 2026
Latest news, tech reviews, and updates about market trends on Gizmoindo. Updated on August 16, 2026.
US smartphone market sees a sharp decline in budget devices due to rising component costs and economic pressures, with sales dropping 64% in the second quarter of 2026.