/ / / Smartphone production could hit six-year low this quarter, no end in sight for industry free fall

Smartphone production could hit six-year low this quarter, no end in sight for industry free fall

The global smartphone industry badly needs 5G connectivity and foldable form factors to rapidly catch on and spread like wildfire. Otherwise, dwindling sales may not be able to bounce back anytime soon.

It’s not just Apple or Samsung, but the market in its entirety. “Breakout innovation is becoming harder to come by”, according to a new Business Insider report (via 9To5Mac) citing gloomy Credit Suisse estimates.

The Swiss financial services company’s analysts expect worldwide smartphone production to take a huge hit in the first three months of 2019, dropping from 357 million ...

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