Smartphone production grew 9.2% in Q4 2024 March 12, 2025 Global smartphone production in Q4 2024 reached 334.5 million units, marking a 9.2% increase compared to the previous quarter, driven by Apple's peak production season and consumer subsidies from local Chinese governments, according to TrendForce. While Apple expanded production with the launch of new models, Samsung faced production declines due to intensified competition in emerging markets.
Oppo invests $4.2 million in HK PolyU’s AI imaging center November 05, 2024 The Hong Kong Polytechnic University-Oppo Joint Innovation Lab will be upgraded to the Joint Innovation Research Centre.
Smartphone sales up 6.5% in Q2 2024 July 16, 2024 The recovery is well under way: After many quarters of decline, the market for smartphones is booming again according to new data from IDC.
Q1 smartphone production increases, Q2 decline expected June 18, 2024 TrendForce reports an 18.7% YoY growth in Q1 smartphone production due to last year's low base. However, a 5–10% decline is forecasted for Q2 amidst high inflation and elevated inventories.
Smartphone market up 7.8% – Samsung moves to pole position April 16, 2024 According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Top 6 smartphone brands by production March 13, 2024 New research reveals a significant rebound in global smartphone production, marking the end of an eight-quarter slump in 3Q23. In a strategic year-end surge, brands amped up production to capture more market share, propelling Q4 smartphone output up 12.1% to reach 337 million units.
Apple was China's #1 smartphone maker last year February 07, 2024 Apple captured a market share of 17.3% in China’s smartphone market last year, beating local manufactruer Honor to the top spot.
China to boost its mature process capacity October 18, 2023 The global ratio of mature (>28nm) to advanced (>16nm) processes is expected to be about 7:3 between 2023 and 2027, according to TrendForce. China's mature process capacity is expected to increase from 29% this year to 33% by 2027.
Shipments of foldable smartphones could skyrocket September 15, 2023 TrendForce’s latest insights reveal that by 2023, shipments of foldable smartphones could skyrocket to an impressive 18.3 million units, marking a 43% YoY surge. However, this only captures a slim 1.6% of the year’s total smartphone market.
Global smartphone production reaches 272M units in Q2 September 04, 2023 TrendForce reports global smartphone production has faced back-to-back quarterly declines.
Global smartphone shipments continue to decline YoY for eighth consecutive quarter August 17, 2023 Smartphone shipments totaled 265.9 million units in 2Q23 according to the latest Omdia smartphone preliminary shipment report.
Global smartphone production drops to historic low June 07, 2023 The ongoing global economic downturn continues to impact consumer confidence in the market. TrendForce reports that the global production volume of smartphones in 1Q23 was only 250 million units – marking a 19.5% YoY decrease. This represents not only the greatest annual decrease but also a historic low in quarterly production since 2014.
Foldable smartphone shipments to soar by over 50% YoY May 24, 2023 TrendForce estimates that shipments of foldable smartphones will reach 19.8 million units in 2023, marking an impressive YoY growth rate of 55% compared to 12.8 million units last year.
Reduced production capacity may become short-term norm for MLCC suppliers May 22, 2023 TrendForce reports that global economic headwinds have had a significant impact on the MLCC industry, with shipments from January to April of this year totaling 1.359 trillion units. This represents a 34% decrease compared to the same period in 2021, highlighting the greater impact of global economic headwinds on the MLCC industry compared to the pandemic.
Global smartphone shipments remain in a slump May 05, 2023 Smartphone shipments totaled 268.5 million units in 1Q23, according to the latest Omdia smartphone preliminary shipment report. Compared to the previous year, this marks a decrease of 12.7%, and compared to the previous quarter, a 11.1% fall.
Smartphone camera module output to grow to 4.62 billion Units in 2023 March 16, 2023 Falling global smartphone production brought about by high inflation and China’s COVID policies resulted in only 4.46 billion camera modules being manufactured in 2022. However, as the global economy is slowly set to stabilize in 2023, smartphone production is also projected to rise by 0.9%.
Global smartphone production fell by 15.5% YoY in 4Q22 March 10, 2023 Smartphone brands hoped that the promotional activities related to the year-end holiday season or initiated by e-commerce companies would lead to a significant reduction in channel inventory near the end of 2022.
Foldable smartphones will drive up market value for hinges January 16, 2023 Annual global shipments of foldable smartphones are projected to climb from around 12.8 million units for 2022 to around 18.5 million units for 2023, says TrendForce in its latest report on the market for OLED displays.
Smartphone production fell to about 289M units in 3Q22 December 07, 2022 According to TrendForce’s latest research, global smartphone production totaled around 289 million units for 3Q22, showing a slight QoQ drop of 0.9% and a YoY drop of 11%.
Penetration rate of smartphones with OLED display is rising November 30, 2022 According to TrendForce’s latest research, the penetration rate of smartphones that feature an OLED panel (regardless of whether the OLED panel is the rigid, flexible, or foldable type) is projected to climb from around 47.7% in 2022 to 50.8% in 2023. Then, by 2026, the penetration will climb above 60%.
Oppo to build mobile phone factory in Egypt September 15, 2022 Egypt's Information Technology Industry Development Agency (ITIDA) and Chinese smartphone maker Oppo has signed an MoU to establish a mobile factory in Egypt with investments worth USD 20 million.
2Q22 global smartphone production – only 292 million units September 02, 2022 According to TrendForce investigations, 2H22 smartphone production planning was quite conservative as brands gave priority to adjusting distribution channel inventory.
Global 1Q22 smartphone production volume drops 12.8% QoQ June 01, 2022 According to TrendForce, the multiplicative effect of the traditional off-season further weakened smartphone production performance in 1Q22 with global output only reaching 310 million units, a 12.8% decline QoQ.
Smartphone camera module shipments to reach 5.02B in 2022 May 24, 2022 According to TrendForce research, smartphone camera module shipments will increase to 5.02 billion units in 2022, an annual growth rate of 5%.
4Q21 smartphone production sees highest QoQ growth March 01, 2022 Global smartphone production came to 356 million units for 2021, showing a QoQ increase of 9.5%, according to TrendForce’s latest investigations.
Smartphone production see modest 5.7% QoQ increase in 3Q21 November 30, 2021 The smartphone market is showing an improvement in demand during the second half of this year due to the peak season for e-commerce promotional activities and the easing of COVID-19 outbreaks in regions such as Southeast Asia, according to TrendForce’s latest investigations.
Smartphone production to return to pre-pandemic level in 2022 November 17, 2021 Smartphones are essential to people’s daily lives and constitute a basic necessity. TrendForce therefore expects the smartphone industry to rebound and post marginal growth next year, assuming that economic activities worldwide will mostly return to normal by then.
Global smartphone production declines by 11% QoQ to 307M units for 2Q21 September 09, 2021 The recent surges of COVID-19 cases in India, Vietnam, and other Southeast Asian countries have adversely affected the global smartphone market in terms of production and demand, according to TrendForce.
NAND Flash contract prices to increase by 5-10% QoQ in 3Q21 July 16, 2021 The recent wave of COVID-19 outbreaks in India has weakened sales of retail storage products such as memory cards and USB drives, according to TrendForce’s latest investigations.
NEV sales for 2021 projected to reach 4.35 million units June 24, 2021 As the pace of electrification accelerates in the global automotive market, and various governments worldwide implement subsidy policies that encourage consumer EV purchases, sales of new energy vehicles (NEV, which includes both BEV and PHEV) are continuing to rise as well, according to TrendForce’s latest investigations.
TI tops Analog IC supplier list with room to spare June 03, 2021 Skyworks Solutions posts the strongest sales increase in 2020 as the top-10 suppliers collectively accounted for 62% of total analog sales, reports market researcher IC Insights.
DRAM revenue for 1Q/21 with an 8.7% increase QoQ May 11, 2021 Demand for DRAM exceeded expectations in 1Q/21 as the proliferation of WFH and distance education resulted in high demand for notebook computers against market headwinds, according to market researcher TrendForce.