TV brands yay pass US tariff costs to consumers – May 06, 2025 TrendForce’s latest research indicates that US reciprocal tariffs are likely to drive TV brands to pass rising costs onto consumers through higher retail prices in the second half of 2025, further weakening consumer spending momentum.
Europe’s patent landscape: stable, but no breakthrough April 25, 2025 In 2023, the European Patent Office (EPO) received a record number of patent applications from companies, research institutions, and individual inventors alike — a total of 199,275. So, did 2024 break that record? Not quite. Still, the data shows that innovation activity in Europe remains at a consistently high level.
Xiaomi raises $5.5 billion in share sale amid EV push March 25, 2025 Xiaomi is targeting its nascent EV business to propel growth and has raised its EV delivery target for 2025. The Chinese tech giant is also expanding the size of a planned second factory in Beijing.
NaaS joins hands with Xiaomi Auto to boost EV charging March 18, 2025 Xiaomi Auto users will be able to access NaaS’s extensive charging network in China through Xiaomi Auto App and the in-vehicle charging navigation system.
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.
Zinitix expands into notebook touchpad module market January 08, 2025 Zinitix, a South Korean provider of interface solutions, has expanded into the notebook touchpad module market.
Xiaomi wants to boost e-car sales January 03, 2025 Chinese electronics manufacturer Xiaomi wants to more than double its car sales in 2025. Lei Jun, founder and CEO of the company, told Reuters that Xiaomi wants to deliver 300,000 vehicles next year. In 2024, the figure was 135,000.
Is Apple planning $1 billion investment in Indonesia? December 06, 2024 The offer is being seen as the tech giant’s latest bid to lift a ban on the sale of iPhone 16 devices in Southeast Asia’s largest economy.
Global TV shipments grow by 0.8% in 1H24 August 27, 2024 TrendForce’s latest investigations reveal that branded TV shipments in 1H24 reached 90.717 million units globally, representing a YoY increase of 0.8%.
Dixon Technologies preps new Chennai factory August 01, 2024 India's contract manufacturer Dixon Technologies says it will open a new plant in Chennai to make laptops for four of the top five notebook brands in the country.
Qualcomm launches ultra-affordable 5G chipset July 31, 2024 US chip designer Qualcomm has officially unveiled its Snapdragon 4s Gen 2 chipset at an event in India. It expects the affordable tech to 'bring 5G connectivity to a broader audience'.
Xiaomi hits target for $1.4bn chip fund July 29, 2024 The investment arm of Chinese consumer electronics producer Xiaomi has successfully raised RMB10bn (USD 1.4 billion) for a new fund to back companies innovating in integrated circuits.
Dixon wins approval for Ismartu acquisition July 23, 2024 The Competition Commission of India (CCI) has granted approval for Dixon Technologies' to purchase a majority 56% stake in Ismartu India.
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.
ST maintains top spot in revenue ranking for SiC power devices June 26, 2024 According to TrendForce, the SiC power devices market continued to display strong growth in 2023, driven by the use of BEVs. Roughly 91.9% of total revenue came from the top five suppliers; ST led the pack with a 32.6% market share, while Onsemi jumped from fourth place in 2022 to second place.
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.
Infineon to supply SiC power modules for Xiaomi's EV May 06, 2024 Germany-based chip maker Infineon has confirmed it will supply its HybridPACK Drive G2 CoolSiC and bare die products to Xiaomi until 2027.
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.