• Demand for new smartphones is in free-fall and this chart shows that the bottom is not yet in sight

    5 monthes ago - By Business Insider

    Analysts at Credit Suisse think smartphone production levels are in free-fall, and the bottom is nowhere near in sight.
    The investment bank said smartphone production levels will drop to their lowest level since 2013 in the first three months of 2019.
    People are happier to hang on to their handsets for longer and breakout innovation is becoming harder to come by, with many phones capable of doing similar things.
    Apple is far from alone in feeling the pain of falling demand for new smartphones.
    After its earnings warning shook Wall Street earlier this month, new figures show that all...
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