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

What happened

TrendForce has downgraded its 2022 smartphone production forecast by 14 million units to 1.366 billion, citing weak Q1 demand and inventory adjustments. The revision follows lower-than-expected sales in Q4 2021 and continued seasonal sluggishness. Bearish: This signals weakening end-demand for key smartphone components, potentially leading to inventory pressure and softer pricing for mobile chipsets, memory, and sensors.

Impact and signal

Medium impactImpact score: 50/100

Affected components and suppliers

Smartphone SoCMobile DRAMMobile NAND FlashCamera SensorsDisplay DriversPMICs

QualcommMediaTekSamsung Electronics SK Hynix Micron TechnologySony Semiconductor

demand-weaknessinventory-adjustmentforecast-downgrade

Source and time

Source: Semiconductor Today · 3/30/2022 · View original source

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

What happened

Impact and signal

Affected components and suppliers

Source and time

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