Latest smartphone market downgrade not just about tariffs
Another analyst firm has downgraded its growth forecast for the global smartphone market, but while US tariffs are a key reason for the shift, there are other issues at play, including weakness in China.
Counterpoint Research on Wednesday revealed that it has revised down its predictions for this year. Having previously expected 4.2% year-on-year growth in smartphone shipments in 2025, it is now looking at a 1.9% increase.
That's quite a change, and the headline reason behind it is of course the tariff issue.