New Delhi (CNN Business)The global market for smartphones is shrinking, and two of its biggest players are hurting badly.
Apple (AAPL) and Samsung have both warned of slumping sales in the last quarter of 2018. Samsung’s South Korean competitor LG warned of an 80% drop in operating profit in the same period compared to the previous year.
But the worst may already be over. Industry analysts are predicting a gradual return to growth in 2019.
