IDC Sees Smartphone Market Crash on Chip Crunch | Bloomberg Tech: Asia 2/27/2026

Bloomberg · Feb 27, 2026 · Collected from RSS

Summary

The unintended consequences of the memory chip shortage are escalating. A report by market research firm IDC forecasts a 13% contraction in the smartphone market, with the crisis lasting until 2027. Bloomberg Tech: Asia speaks with IDC's Bryan Ma on their report. Macquarie's Daniel Kim also discusses the outlook for the Korean memory chip giants Samsung and SK Hynix. (Source: Bloomberg)

Share this story

Read Original at Bloomberg

Bloombergabout 1 hour ago

French Inflation Quickens More Than Expected But Stays Below 2%

French inflation accelerated more than expected in February, while remaining well below the European Central Bank’s 2% goal.

Bloombergabout 1 hour ago

Abu Dhabi Offers More Oil to Partners in Countdown to OPEC+ Meet

More of Abu Dhabi’s flagship Murban crude is set to be exported in April, according to people familiar with the plans, adding to indications of robust oil supplies from countries across the key producing region.

Bloombergabout 1 hour ago

Floods in Major Growing State Dent Malaysia Palm Oil Output

Palm oil output in Sabah is set for a sharp decline this month as heavy rainfall and floods hammer plantations in one of Malaysia’s key producing states, potentially easing a glut that’s weighed on prices for the crop.

Bloombergabout 1 hour ago

British Airways Owner Sees Strong Bookings, Posts Steady Margins

British Airways owner IAG SA said bookings for the first quarter are strong and predicted steady mid-term margins as it benefits from lower fuel costs and robust demand for premium travel.

Bloombergabout 1 hour ago

Dubai Lessor Eyes More Purchases to Keep Up With Airline Demand

Dubai Aerospace Enterprise will continue to explore acquisition opportunities as the jet lessor looks to expand and replace aircraft.

Bloombergabout 2 hours ago

Raghuram Rajan Challenges Citrini Research's Gloomy India Prediction

Former RBI Governor Raghuram Rajan pushes back against Citrini Research’s alarming forecast that AI could devastate India’s IT sector and trigger wider economic stress. Speaking with Haslinda Amin and Bloomberg Senior Editor Menaka Doshi on Insight with Haslinda Amin, Rajan argues the report overlooks adaptation, exaggerates disruption speed, and ignores India’s strengths in engineering talent and services. He lays out where risks are real, where optimism is warranted, and what India must do now to prepare for an AI‑driven future. (Source: Bloomberg)

IDC Sees Smartphone Market Crash on Chip Crunch | Bloomberg Tech: Asia 2/27/2026

Related Articles

French Inflation Quickens More Than Expected But Stays Below 2%

Abu Dhabi Offers More Oil to Partners in Countdown to OPEC+ Meet

Floods in Major Growing State Dent Malaysia Palm Oil Output

British Airways Owner Sees Strong Bookings, Posts Steady Margins

Dubai Lessor Eyes More Purchases to Keep Up With Airline Demand

Raghuram Rajan Challenges Citrini Research's Gloomy India Prediction

IDC Sees Smartphone Market Crash on Chip Crunch | Bloomberg Tech: Asia 2/27/2026

Related Articles

French Inflation Quickens More Than Expected But Stays Below 2%

Abu Dhabi Offers More Oil to Partners in Countdown to OPEC+ Meet

Floods in Major Growing State Dent Malaysia Palm Oil Output

British Airways Owner Sees Strong Bookings, Posts Steady Margins

Dubai Lessor Eyes More Purchases to Keep Up With Airline Demand

Raghuram Rajan Challenges Citrini Research's Gloomy India Prediction

Related Articles

Bloombergabout 1 hour ago
French Inflation Quickens More Than Expected But Stays Below 2%
French inflation accelerated more than expected in February, while remaining well below the European Central Bank’s 2% goal.

Bloombergabout 1 hour ago
Abu Dhabi Offers More Oil to Partners in Countdown to OPEC+ Meet
More of Abu Dhabi’s flagship Murban crude is set to be exported in April, according to people familiar with the plans, adding to indications of robust oil supplies from countries across the key producing region.

Bloombergabout 1 hour ago
Floods in Major Growing State Dent Malaysia Palm Oil Output
Palm oil output in Sabah is set for a sharp decline this month as heavy rainfall and floods hammer plantations in one of Malaysia’s key producing states, potentially easing a glut that’s weighed on prices for the crop.

Bloombergabout 1 hour ago
British Airways Owner Sees Strong Bookings, Posts Steady Margins
British Airways owner IAG SA said bookings for the first quarter are strong and predicted steady mid-term margins as it benefits from lower fuel costs and robust demand for premium travel.

Bloombergabout 1 hour ago
Dubai Lessor Eyes More Purchases to Keep Up With Airline Demand
Dubai Aerospace Enterprise will continue to explore acquisition opportunities as the jet lessor looks to expand and replace aircraft.

Bloombergabout 2 hours ago
Raghuram Rajan Challenges Citrini Research's Gloomy India Prediction
Former RBI Governor Raghuram Rajan pushes back against Citrini Research’s alarming forecast that AI could devastate India’s IT sector and trigger wider economic stress. Speaking with Haslinda Amin and Bloomberg Senior Editor Menaka Doshi on Insight with Haslinda Amin, Rajan argues the report overlooks adaptation, exaggerates disruption speed, and ignores India’s strengths in engineering talent and services. He lays out where risks are real, where optimism is warranted, and what India must do now to prepare for an AI‑driven future. (Source: Bloomberg)