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.
Foxconn sets up dedicated EV division
January 12, 2024
Foxconn Technology Group is accelerating its move into the automative sector with a newly created division: Foxconn New Energy Automobile Industry Development Co.
Phone maker Xiaomi is preparing to launch an EV
December 29, 2023
Chinese consumer electronics company Xiaomi has unveiled plans to launch its own electric car in a few months' time.
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.
Dixon subsidiary to manufacture smartphones for Xiaomi
September 28, 2023
Indian electronics manufacturer Dixon Technologies says that its subsidiary, Padget
Electronics, has entered into an agreement with Chinese consumer electronics company Xiaomi
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.
Surge in panel prices spurs brands to stock up early
June 27, 2023
TrendForce’s latest forecast predicts global TV shipments for 2Q23 will reach 46.63 million units – a 7.5% increase QoQ, a 2% growth YoY.
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.
Xiaomi turns to Optiemus to make wireless audio products in India
May 30, 2023
Chinese consumer electronics company Xiaomi is partnering with electronics manufacturer Optiemus Electronics Limited (OEL) to manufacture audio products locally in India.
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.
Chinese brands boost global TV shipments to pre-pandemic levels
May 18, 2023
TrendForce investigations show that Chinese brands have pushed global TV shipments in 1Q23 to an impressive 43.37 million units.
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.
MLCC suppliers will focus R&D and capacity expansion efforts
February 14, 2023
According to TrendForce’s recent analysis of the MLCC market, suppliers’ average book-to-bill (BB) ratio has risen slightly to 0.79 this February. The flow of orders has slowed down as seasonality affects the demand related to consumer electronics, data centers, and 5G network infrastructure.
Who spends the most on semiconductors?
February 07, 2023
Unsurprisingly, we find several major OEM manufacturers of PCs and smartphones among the biggest semiconductor buyers.
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%.
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.
Market penetration rate of OLED folding phones to reach 1.1% in 2022
August 25, 2022
According to TrendForce, as technology and materials evolve, the penetration rate of OLED folding mobile phones is estimated to reach 1.1% in 2022.
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.
Top10 semi buyers increased chip spending by 25.2% in 2021
February 02, 2022
The semiconductor shortage and the COVID-19 pandemic disrupted global OEMs' production in 2021, but the top 10 OEMs increased their chip spending by 25.2% and accounted for 42.1% of the total market, according Gartner.
Smartphone camera module shipments to reach 4.92B in 2022
January 13, 2022
In recent years, the biggest trend of smartphone camera modules is the increasing number of rear camera modules, according to TrendForce’s 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.
TV Shipment to undergo 12.4% YoY decline for 2H21
November 22, 2021
Quarterly TV shipment for 3Q21 reached 52.51 million units, representing an 8.3% QoQ increase but a 14.7% YoY decrease, 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.
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