With Arrival of Peak Sales Season, 3Q24 Smartphone Production Rose 7% QoQ and Remained Flat YoY

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2024-12-03

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TrendForce reports that global smartphone production grew by 7% QoQ in 3Q24, driven by peak seasonality and new iPhone launches, but remained flat YoY, indicating weak demand recovery. While the Android segment remained sluggish, Apple's new iPhones and early stocking for NVIDIA's GB200 supported mobile DRAM revenue growth. Smartphone production is expected to peak in Q4, but brands remain cautious with inventory due to uncertain demand outlook.

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Category: Semiconductors

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