90% of smartphone industry hit hard by semiconductor shortage: Counterpoint

Smartphone shipments will see a meager 6% growth in the second half of 2021, down from earlier predictions of 9%, due to the ongoing global semiconductor shortage, reported industry analysis firm Counterpoint Research. Total units shipped are now expected to grow to 1.41 billion instead of 1.45 billion. Nearly 90% of the smartphone industry—including players like Samsung, OPPO, and Xiaomi—has been affected, said Counterpoint.