TrendForce

Into the Abyss: Global Smartphone Production Hits Record Low in Q1 2023, Plummeting to 250 Million Units

The global economic downturn continues to cast its shadow over consumer confidence, and the impact on the smartphone market is nothing short of dramatic. In the first quarter of 2023, the industry experienced a dual setback as both smartphone...

Global smartphone production declined 11% YoY to 289 million units in Q3 2022

The global smartphone industry has been in a slump for the past two years, owing primarily to the Covid-19 pandemic. This year's Q3 drop marks the largest-ever third quarter decline and the fifth consecutive quarter of decline in the...
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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