The downturn in the global economy has affected smartphone production during 1Q24, and the quarterly total production worldwide has not returned to the pre-pandemic level of above 300 million units...
This year, emerging markets, including India, Indonesia, South America, Africa, and the Middle East, are expected to exhibit stronger performance in terms of smartphones...
Looking back on 2023, the focus during the first half of the year was on reducing channel inventory, and smartphone brands were passive in planning device production...
According to market intelligence firm TrendForce, global smartphone production during 2023 reflected a situation where the wider economy was affected by another downturn...
The preliminary definition of an “AI smartphone” is a smartphone that have on-device AI computing capabilities without the need for internet connection, thus ensuring certain advantages such as user privacy...
The total smartphone production for 1H23 showed a 10-year low due to the weak global economy and excess channel inventory...
Now, in 1Q24, there have been rumors of order cuts in the smartphone market. Even though smartphone brands have not adjusted their device production plans...
Smartphone brands are generally optimistic about their smartphone production plans for 1Q24, and this view is also reflected in the energetic stocking of key components...
Because of the drop in channel inventories, TrendForce now holds a cautiously optimistic view on the development of the smartphone market in 2024, with the annual total device production projected to...
According to the latest research conducted by global market intelligence firm TrendForce, Chinese smartphone brands proactively stocked up on components in 4Q23 and are now expected to maintain a relatively strong momentum...