Omdia: Global Smartphone Market Edges up 1% in 1Q26, Beating Expectations Despite Growing Supply Chain Bottlenecks and Cost Pressures

LONDON--(BUSINESS WIRE)-- #Consumer--According to Omdia's latest research, the global smartphone market performed above expectations in 1Q26, growing by 1% year on year. However, this growth does not yet reflect the full impact of rising supply-side costs, as vendor inventory frontloading in the channel temporarily supported shipments. Memory and storage costs are increasing sharply, while vendors have not fully implemented retail price increases across all markets. Mobile DRAM and NAND prices rose by arou.