Global smartphone will sales take a hit as tariffs bite, says IDC

News Snapshot:

What you need to know IDC has lowered its forecast of its smartphone sales in 2025 to 0.6%, reaching 1.24 billion units, due to the economic uncertainty brought about by U.S. tariffs. The report also predicts that smartphone sales will remain low for the next five years, averaging at 1.4%, as many users are retaining their phones for longer. U.S. and China remain the top contributors to the growth in smartphone sales this year, despite the increasing trade tensions between them. The report suggests that Apple will see a 1.9% decline in sales in China as Huawei takes the lead....