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SCT Smartphone production forecast for 2022 downgraded from 1.38 billion to 1.366 billion units after weak Q1 demand

Posted: Wed Mar 30, 2022 3:27 pm
by admin
Due to lower-than-expected sales in fourth-quarter 2021, the smartphone market in first-quarter 2022 not only needed to adjust its accumulated inventory of finished products but it was also affected by sluggish seasonal demand, resulting in relatively weak Q1/2022 production performance, according to market research firm TrendForce...

Source: http://www.semiconductor-today.com/news ... 0322.shtml