Apple is the big winner in Q3 2021 as the ‘chipset famine’ arrives

Qualcomm Snapdragon 888 chip in hand

Credit: Qualcomm
  • Global smartphone shipments have plunged by 6% year-over-year, according to a new report.
  • Per data from Canalys, this is the result of the global chipset shortage.
  • Amid the chaos, Apple regained its place as the second biggest OEM thanks to strong iPhone 13 sales.

Smartphone makers are struggling to meet demand for their new devices this year. However, a new report from research firm Canalys gives us a better idea of how bad the situation is.

According to the firm’s latest report, global smartphone shipments dropped by 6% in Q3 2021 compared to Q3 2020. Notably, this comes after the market saw a 27% year-over-year increase in the first quarter of 2o21 and an 11% improvement in Q2.

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