BOSTON, October 14, 2026 – The global smartphone market shrank 22.0% year-on-year to 255.3 million units in the third quarter of 2026 (3Q26), according to the preliminary data from IDC Research (IDC) Worldwide Quarterly Mobile Phone Tracker, Shipments tanked 22% year-on-year (YoY) in 3Q26, marking the highest YoY decline to date of any quarter as the AI-led memory crisis continue to disrupt the smartphone market with rapidly escalating component costs to unprecedented levels and strained supply....