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Reading: Time to Upgrade Your Old Phone? More Consumers Say, ‘Not Yet’
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The Wall Street Publication > Blog > Tech > Time to Upgrade Your Old Phone? More Consumers Say, ‘Not Yet’
Tech

Time to Upgrade Your Old Phone? More Consumers Say, ‘Not Yet’

Editorial Board Published August 21, 2022
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Time to Upgrade Your Old Phone? More Consumers Say, ‘Not Yet’
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The global smartphone market is taking a breather.

With inflation lifting the cost of daily necessities like gasoline and food, many phone owners are sticking with their current models longer, according to industry executives. Companies are making fewer phones and fewer phone parts, and they are planning for a further rough patch ahead.

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