News Summary

• According to an FDM CCS Insight report, global smartphone shipments declined by 7% in Q2, compared to Q2 of 2025.
• Developed markets like Europe and North America declined only by low single digits, while emerging markets saw larger declines.
• The secondary market, on the other hand, is doing well.
• Per FDM's report, second-hand phone sales grew 3% year-over-year and are expected to grow close to 10% (9% to be exact) for the entire year.