June 4 (Reuters) - Research firm Counterpoint cut growth
expectations for global smartphone shipments in 2025 to 1.9% on
Wednesday, down from its earlier forecast of 4.2%, citing
uncertainties surrounding U.S. tariffs.
U.S. President Donald Trump announced a series of tariffs on
April 2, prompting companies such as Apple ( AAPL ) to adjust
supply chains. However, the U.S. suspended the tariffs on
smartphones and other electronic devices as part of a broader
90-day pause.
The downgrade signals challenges for manufacturers that
already face weakening sales amid heightened geopolitical
tensions and escalating tariff disputes.
The research firm also revised year-on-year shipment growth
from China down to near-flat, while Apple ( AAPL ) and Samsung's
shipments are expected to slow as cost increases are
passed on to consumers.
Apple ( AAPL ) sells more than 220 million iPhones a year worldwide,
with a fifth of total iPhone imports to the United States now
come from India, and the rest from China.
Last month, International Data Corp slashed its 2025 global
smartphone shipment growth forecast from 2.3% to 0.6%, citing
tariff-driven economic uncertainty and a pullback in consumer
spending.