According to research firm Canalys, the Indian smartphone market performed strongly in the first quarter of 2024, with shipments reaching 35.3 million units, a year-on-year increase of 15%. After entering 2024, the inventory situation of manufacturers has improved, which allows channels to undertake multiple new products launched this quarter. Due to the low shipment volume in the first quarter of 2023, the market is facing inflationary pressure, weak demand, inventory…
On April 18th, according to industry sources cited by The Elec in South Korea, smartphone companies such as Samsung Electronics, Xiaomi, OPPO, vivo, and Huawei are all increasing their inventory of finished smartphones and OLED panels. On the one hand, Samsung has just replaced Apple in the first quarter, occupying the position of “world’s largest mobile phone shipment”. In the first quarter, it produced a total of 64.5 million smartphones…
Like the previous Mate60, the highly anticipated Huawei Pura70 series of new phones quietly went on sale without any press conferences. On the morning of April 18th at 10 o’clock, Huawei announced on its official account, “Today, we have launched the ‘HUAWEI Pura 70 Series Pioneer Program’. The Pura 70 Ultra and Pura 70 Pro will be available for sale at 10:08 Pioneer. Welcome to experience!”. Subsequently, the first batch…
On April 17th, according to Interface News, the first batch of Huawei Pura70 series new machines has been distributed in multiple locations. A Guangdong dealer journalist said that due to production capacity constraints, the first order distribution volume of the Pura70 series is much more sufficient than that of the Mate60 series, but it is still lower than the previous flagship models. Among the goods he received, the Pura70 standard…
Research firm Omdia recently stated that global panel shipments will increase by 2% to 3% this year, and the shipment area is expected to increase by 9% to 15%. In the first quarter of this year, the revenue of major global panel manufacturers increased compared to last year, and the panel industry saw a significant recovery with improved profits. Omdia’s Senior Research Director stated that post pandemic demand for artificial…
Recently, Manufacturing Market Insider released the annual MMI Top 50 list of the world’s largest EMS suppliers. In 2023, the revenue of the top 50 sales was $423 billion, with an overall growth rate of -5.8%, a decrease of $26 billion. MMI conducts an annual survey of over 100 of the world’s largest EMS companies to list their ranking information. It has been proven that only top tier (Hon Hai…
Samsung’s smartphone and tablet production exceeded expectations by 22% in the first quarter of 2024
The Samsung Galaxy S24 series has shown strong market performance. Recently, according to South Korean media reports, Samsung’s smartphone and tablet production exceeded expectations by 22% in the first quarter of 2024. According to Thelec, Samsung predicts a shipment volume of 53 million smartphones and tablets in the first quarter of this year. However, according to data statistics, Samsung’s actual shipment volume in the first quarter of this year was…
Apple is actively in talks with two Indian giants, Murugapa Group and Titan, a subsidiary of Tata Group, with the aim of assembling and producing sub components for iPhone camera modules. It is reported that Apple is expected to confirm and announce this important partnership within five to six months. As one of the core components of iPhone, the quality and performance of the camera module are crucial for the…
On April 16th, Huawei announced yesterday that it will upgrade its P series to the Pura series, and also released promotional videos for the new Huawei Pura 70 series. An industry chain insider told a reporter from the Science and Technology Innovation Board Daily that the Huawei Pura 70 series is on its way and is expected to be released soon. For this upgrade, TechInsights senior analyst Wu Yiwen told…
According to American media reports on April 15th, Tesla CEO Elon Musk stated in an internal email to employees that the company will lay off more than 10% of its global employees to cut costs and improve productivity. Musk stated in an email that Tesla’s “rapid growth” has led to “duplication of roles and job functions in certain areas.”. “It is extremely important to prepare for the next stage of…
On April 15th, according to a report released by market research firm IDC, global smartphone shipments in the first quarter of 2024 increased by 7.8% year-on-year to 289 million units. The institution believes that the third consecutive quarter of growth in shipment volume strongly indicates that the recovery is proceeding smoothly. The top three global shipments in the first quarter were Samsung, Apple, and Xiaomi. Among them, Apple’s global iPhone…
In recent years, with the intensification of competition in the global smartphone market, brands such as Samsung, Xiaomi, Honor, OPPO, vivo, etc. have outsourced their smartphone design and manufacturing to independent design companies/original design manufacturers (IDH/ODM) to maintain competitiveness in the fiercely competitive market. According to Counterpoint data, independent design companies/original design manufacturers (IDH/ODM) smartphone shipments remained unchanged year-on-year in 2023, despite a 4% decrease in overall smartphone shipments. But…