The price of smartphones could decrease in the remainder of the year

The forecasts of smartphone sales for the rest of 2022 they have already been reduced in relation to the figures obtained in the second half of last year. This should not come as a surprise given the challenging nature of the current economic environment, inflation and hardware supply issues. However, in the second half of 2022, customers can anticipate some interesting developments.

Both manufacturers and retailers can be expected to offer numerous tempting sales and promotion opportunities on their respective devices. This is expected to stimulate greater consumer activity, which will help offset the negative trends seen in the first two quarters. The second half of the year will be dedicated by large companies to liquidating their current inventory of devices.

Their efforts in this regard will contribute, over the remaining months until the end of the year, to a reduction in the price of Android smartphones. Retailers' online sales will likely increase as a result of the special offers we will see throughout the remainder of the year. According to GizmoChina's conclusions, this will be a fundamental factor for smartphone sales to remain stable in the coming months.

Mobile phone operators will also contribute to lower prices, especially during the season. The most popular brands will try to stimulate demand and drive revenue by offering multiple products through various distribution channels, including online and offline markets.

It must also be taken into account that in the next three months some of the most anticipated products will hit the market, such as the iPhone 14, the Google Pixel 7 and the Xiaomi 13. These new products will be an additional incentive for consumers who are considering renewing their phone. Chinese manufacturers, for their part, are going to make an effort to sell a large part of their accumulated inventory. Another important event that consumers are waiting with bated breath is the launch of the new Galaxy Z series foldable smartphones, scheduled for the month of August.