The Global Smartphone production has
been the lowest in the last 5 years. Due to the present Corona Virus COVID-19
Pandemic situation, global Smartphone production was the lowest in the first
three months of this year, from January to March. According to market research
firm Trend Force, smartphone production fell 10 percent this year where total number
of unit is around 280 million units.
The Corona Virus epidemic cited
factory closures, shortages of labor and equipment causes disruptions to Smartphone
production, according to Trend Force research. The market research firm says
the epidemic is now affecting demand in the Smartphone market, pushing major
economies around the world.
According to a report, South Korean
tech giant Samsung captured 23.3 percent of the whole market in the first quarter
of this year. Samsung produced 65.3 million units of smartphones in the first
quarter which is down 9.9 percent from the previous year. The company is under intense pressure
from Chinese Smartphone brands and manufacturers. However, the first
coronavirus exposure did not have much impact on them this quarter, as the
company's addition factories were located in India and Vietnam.
China's Huawei is in the second place
with 16.4 percent share of the smartphone market. The report said that demand
for the brand in China's local market has begun to improve. Huawei has produced
48 million units of phones due to their local market demand.
According to Trend Force, the US Giant
company Apple is in the third position in the present Smartphone market. Apple
holds 13.5 percent of the smartphone market share. Apple has produced 37.9
million units of iPhones only due to a shortage of work forces and parts, which
is 8.7 percent less than in the first quarter of last year.
Xiaomi, Oppo and Vivo occupy the next
three positions in the Smartphone market share. Xiaomi has a market share of 8.8
percent, Oppo has 8.6 percent and Vivo has 8.2 percent.
The Trend Force report says, Global
smartphone production for 1Q20 fell by 10% YoY to around 280 million units, the
lowest in five years. Global production for 2Q20 is now estimated to register
another YoY drop of 16.5% to 287 million units, the largest decline on record
for a given quarter. TrendForce forecasts total yearly production volume of
1.24 billion units, an 11.3% decrease YoY.
Thanks,
Related: