Smartphone makers risk ‘drowning’ in excess inventory

Smartphones shipments are still on the decline globally and, although an uptick is in sight, vendors still need to tread carefully, analysts say.
Worldwide smartphone shipments fell by 14.6 percent year-on-year to 268.6 million units in the first quarter of this year, according to new preliminary data from IDC. Its figures are pretty close to those shared by rival Canalys earlier this month – or at least they show a very similar trend – and Canalys has since amended its numbers to sh