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https://lenta.ru/news/2021/09/10/smartkriz/

The smartphone market is in crisis
In India, the release of the smartphone was postponed due to the previously predicted global shortage of chips
Indian electronics maker Jio has postponed the launch of a jointly developed smartphone with Google due to a shortage of microchips, Reuters reported . Previously, experts and manufacturers have repeatedly predicted a crisis in the smartphone market due to this global problem.

The budget phone JioPhone Next was slated to hit the Indian market on September 10, but the launch was delayed until November. At this time, the country is in the festive season when Indians make high-value purchases, including electronics. In two months it is planned to improve the development and make it even cheaper. Jio also expects that the shortage of semiconductors will be reduced during this time.

Samsung said it may have to cut production significantly. One of its top semiconductor suppliers, Qualcomm, said it could not meet the demand for its products. It is expected that the release of fewer phones will lead to higher prices.

Oh, this Lenta. "We are all going to die. Today is worse than yesterday, and tomorrow will be worse than today"

The crisis is going to be if everybody realizes their old smart phones are just fine and at most needs a new battery.