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.
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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.
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.
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.
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%.
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.
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.
Global smartphone production sets highest QoQ growth in recent years
December 02, 2020
In 3Q20, the smartphone industry benefitted from the gradual easing of pandemic containment measures worldwide, the arrival of year-end holiday season, and the expanded production targets by smartphone brands looking to capture Huawei’s lost market shares, according to TrendForce’s latest investigations.
Smartphone production registers largest YoY drop on record
August 25, 2020
Smartphone production has taken quite the hit from the changing market situation brought forth by the pandemic. According to TrendForce the production of smartphones has registered the largest YoY drop on record with a 16.7% decline in 2Q20.
Historical decline – smartphone production to drop by 16.5% YoY in 2Q20
May 01, 2020
According to the latest investigations by TrendForce, the global spread of COVID-19 in 2020 has brought about the greatest magnitude of declines in the smartphone market in recent years.
Global smartphone production volume grows 9.2% in 3Q19
November 29, 2019
According to TrendForce, in an effort to meet the market’s stock-up demand in the peak season, total production volume for smartphone brands in 3Q19 is estimated at 375 million units, a 9.2 growth QoQ.
Global smartphone production volume may decline 5% in 2019
January 14, 2019
Global smartphone production volume for 2019 is expected to be 1.41 billion units, a decrease of 3.3% compared with 2018, according to the latest report by TrendForce.
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