Trendforce: Smartphone production improves in Q1, but may decline in following quarter

Trendforce posted a report about the smartphone production in Q1 2024, revealing a stunning 18.7% yearly growth with a total shipment of 296 million units.

The growth is partially due to the low production in early 2023. Expectations are that the next quarter (April-June 2024) will once again see a decline in production numbers.

Company
Production (in millions)
QoQ
Market share

Samsung
59.5
11.2%
20.1%

Apple
47.9
-39%
16.2%

Xiaomi
41.1
-4.6%
13.9%

Oppo
33.8
…

​ Trendforce posted a report about the smartphone production in Q1 2024, revealing a stunning 18.7% yearly growth with a total shipment of 296 million units.

The growth is partially due to the low production in early 2023. Expectations are that the next quarter (April-June 2024) will once again see a decline in production numbers.

Company
Production (in millions)
QoQ
Market share

Samsung
59.5
11.2%
20.1%

Apple
47.9
-39%
16.2%

Xiaomi
41.1
-4.6%
13.9%

Oppo
33.8
…   Read More GSMArena.com – Latest articles