TrendForce analyzed the situation in the global smartphone market in the third quarter of this year: it is reported that the production of smart cellular devices compared to the second quarter of 2021 rose by 5.7%. However, reaching a pre-pandemic level is still unlikely.
In the period from July to September inclusive, about 325 million smartphones were produced. This is less compared to the third quarter of 2020 and 2019.
Analysts talk about the continuing shortage of electronic components. There is a shortage of 4G chips, inexpensive 5G products, display control ICs and other elements.
In this situation, TrendForce is forced to downgrade the forecast for the volume of smartphones in 2021 to 1.335 billion units instead of the previously named value of 1.345 billion units. Thus, the increase in relation to 2020 will be no more than 6.5%.
The South Korean giant Samsung in the third quarter increased the production of devices by 17.9% compared to the second quarter of this year – up to 69 million units. Apple’s growth was 22.6%, and the final result – 51.5 million units. Oppo increased its production volume by 3% – up to 51 million units. Xiaomi recorded a 10 percent reduction in production volume: 44.5 million devices were manufactured in three months. Vivo has kept smartphone production at the level of the previous quarter at 34 million units.