Already this year, the smartphone market expects a significant reduction. Most of all, it will affect the budget segment of gadgets, say experts from the South Korean corporation Samsung. Writes about it Bloomberg .

The article also notes that even the easing of the lockdown in the PRC caused by the coronavirus pandemic cannot improve the situation.

According to the Vice President of Samsung Daniel Araujo, we can talk about a significant destabilization of the mobile device market in the last quarter of 2022. This was caused by an increase in inflation and interest rates, as well as a global global recession. The same trends will continue this year. The most significant problems will be faced by the mass segment of the market, he told reporters of the publication.

Araujo stressed that given the difficult economic situation around the world, users seek to save money without spending it on timely updating of their smartphones.

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