Smartphone recovery that's always around the corner is around the corner
Things aren't going to get better for smartphone brands anytime soon as households and businesses weigh up monthly bills versus discretionary spending, and decide a shiny handset perhaps isn't the wisest use of funds.
"Our conversations with channels, supply chain partners, and major OEMs all point to recovery being pushed further out and a weaker second half of the year," said Nabila Popal, research director at the market watcher. IDC tracks sales-in from vendors – shipments into the channel – and notes that inventory levels remain"elevated," meaning that"confidence from suppliers is still low." The same dynamic is happening in PCs. HPDistributors don't want to get burned with aging stock, a situation where they'd have to rely on negotiations with the vendors to price-protect inventory.
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