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7 December 2023

Smartphone production rebounds by 13% in Q3, after eight quarters of year-on-year declines

Fueled by reduced channel inventories and spikes in seasonal demand, global smartphone production rose by 13% quarter-to-quarter to about 308 million units in third-quarter 2023, according to market research firm TrendForce. Although this figure has yet to reach pre-pandemic levels, it is up 6.4% year-on-year, ending an eight-quarter streak of annual declines. Looking ahead to fourth-quarter 2023, e-commerce promotions and the year-end shopping boom — coupled with the customary end-of-year surge in production by smartphone brands — are likely to stimulate a further 5–10% quarter-on-quarter increase in production. The projected downturn in annual smartphone production for 2023 is expected to be limited to less than 3%, to about 1.16 billion units.

cách chơi keno trực tuyếnLiên kết đăng nhậpSmartphone production falls 6.6% year-on-year to 272 million in Q2; first-half 2023 down 13.3%

Smartphone production falls by record 19.5% year-on-year to ten-year quarterly low of 250 million units in Q1/2023

Smartphone production in Q3 down 11% year-on-year

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