Institution: Global smartphone shipments contract 20% year-over-year in Q3 2026

Omdia, based on its preliminary estimates, stated that global smartphone shipments experienced a 20% year-over-year decline in the third quarter of 2026, a significant widening from the 6% decline in Q2. From a quarter-over-quarter perspective, despite multiple manufacturers releasing new flagship products in Q3 2026, global smartphone shipments still contracted on a quarter-over-quarter basis.