AI boom, rising chip costs shrink Nigeria’s smartphone market by 11%
· Source: thesun.ng
In short
Nigeria’s smartphone market contracted by 11 per cent in the second quarter of 2026 as higher memory-chip costs linked to the AI boom pushed device prices upward and weakened consumer demand. Omdia data shows the sub-$100 segment was especially hard hit, with African shipments down 34 per cent year-on-year. The trend threatens Nigeria’s digital inclusion efforts by making affordable smartphones less accessible.
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Tags: semiconductors, smartphones, supply chain, memory chips, affordability, AI infrastructure