NuAxiSemiconductor trade intelligence

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

What happened

Global smartphone production fell 11% YoY to 289M units in Q3 2022, breaking the typical seasonal growth pattern. Brands prioritized clearing channel inventory and cut production targets due to weak demand and economic headwinds. Bearish: This signals sustained weakness in end-demand for key smartphone semiconductors, pressuring prices for components like APs, CIS, and memory.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

APCISPMICDRAMNAND FlashOLED

QualcommMediaTekSamsung Electronics SK Hynix Sony Murata Manufacturing

demand-weaknessinventory-drawdownproduction-cut

Source and time

Source: Semiconductor Today · 12/8/2022 · View original source

Open the NuAxi live feed →

Real-time pricing, supply signals and AI analysis for semiconductor traders

Smartphone production volume falls 12.8% to 310 million in Q1 due to amplified off-season effectSemiconductor Today · 6/2/2022
Smartphone production falls 6.6% year-on-year to 272 million in Q2; first-half 2023 down 13.3%Semiconductor Today · 9/4/2023
Smartphone production falls 6% in Q2 to 292 millionSemiconductor Today · 9/1/2022
Smartphone shipments down 12.7% year-on-year in Q1Semiconductor Today · 5/11/2023
Smartphone production rebounds by 13% in Q3, after eight quarters of year-on-year declinesSemiconductor Today · 12/7/2023
Smartphone production falls by record 19.5% year-on-year to ten-year quarterly low of 250 million units in Q1/2023Semiconductor Today · 6/7/2023

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

What happened

Impact and signal

Affected components and suppliers

Source and time

Related briefings