Business

Smartphone shipments fall to 13-year low

Jul 14, 2026

New York [US], July 14: Global smartphone shipments fell 11 percent year-on-year in the second quarter of 2026, marking their weakest second-quarter performance since 2013, as a prolonged memory chip shortage pushed up handset prices and weighed on consumer demand, according to preliminary estimates released by Counterpoint Research.
The research firm said rising memory chip costs have significantly increased production expenses, prompting smartphone manufacturers to raise prices, particularly for entry-level and mid-range devices. The higher prices, combined with cautious consumer spending, have dampened demand across many key markets.
Apple emerged as one of the few bright spots in the quarter, with shipments rising 3 percent from a year earlier. The company increased its global smartphone market share to a record 20 percent, supported by resilient demand for its premium iPhone lineup and its decision to keep prices unchanged during the quarter. However, analysts expect Apple to introduce price increases in the coming months as component costs continue to rise.
Samsung regained the top position in the global smartphone market, capturing a 24 percent market share. The South Korean technology giant benefited from strong demand for its flagship Galaxy S26 series and improved product availability.
Source: Qatar Tribune

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Reliance MET City's Inaugural International Half Marathon Brings Together 2,500 Runners from Across India and Overseas

New Delhi [India], October 27: Reliance MET City successfully hosted the inaugural MET City International Half Marathon on Sunday at MET City Jhajjar, bringing together 2,500 runners across the 21.1K Half Marathon, 10K Timed Run and 5K Fun Run/Walk categories for a celebration of fitness, endurance and community participation across the township’s wide, green and traffic-free roads. The event witnessed participation from runners across India as well as overseas, adding a national and international dimension to the inaugural edition. The AIMS-certified course offered runners a smooth-running experience, with participants competing for a prize pool of close to Rs. 9 lakh.

Oct 27, 2026