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Smartphone shipments down 12.7% year-on-year in Q1

What happened

Global smartphone shipments fell 12.7% year-on-year to 268.5 million units in Q1 2023, indicating continued weak end-market demand. This decline signals sustained pressure on the semiconductor supply chain serving the handset sector. Bearish: The persistent demand weakness from a key end-market is likely to prolong inventory corrections and price pressure for related components.

Impact and signal

Medium impactImpact score: 35/100

Affected components and suppliers

APCISDRAMNAND FlashPMICDisplay Driver IC

QualcommMediaTekSamsung Electronics SK Hynix Micron Technology Sony

demand-weaknessinventory-drawdownsmartphone

Source and time

Source: Semiconductor Today · 5/11/2023 · View original source

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Smartphone shipments down 12.7% year-on-year in Q1

What happened

Impact and signal

Affected components and suppliers

Source and time

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