The mobile market is on the decline; The biggest seasonal drop in production volume in history!

Thanks to the Galaxy S23 series phones, Samsung increased its mobile production volume by 5.5% in the first quarter of this year and reached 61.5 million units. TrendForce predicts that the production volume of Samsung phones in the second quarter of 2023 will drop by approximately 10% due to the drop in demand.

The production of Apple iPhones experienced a significant drop of 27.5% in the first quarter. The company made a total of 53.3 million smartphones available to its customers. 78% of this production volume was related to iPhone 14 series phones. It is expected that the production of Apple phones will drop by 20% in the second quarter. At the end of the second season, we will see the unveiling of the iPhone 15.

The OPPO brand (which includes OPPO, Realme and OnePlus) in response to market conditions and inventory adjustment, decided to reduce the production volume in the first quarter of 2023 to 26.8 million devices, which shows a seasonal drop in 2023. is a percentage Trendforce predicts that the production volume of Oppo phones will grow by more than 30% in the second quarter.

In the first quarter of this year, Xiaomi reduced the production of phones by 27.4% to 26.5 million units. Xiaomi is likely to increase production volume by 20% in the second quarter.

Trendforce says that economic problems have made the market of used and repaired phones more active. This issue is likely to affect the growth of the mobile industry in the second quarter. According to Trendforce’s forecast, the volume of phone production in the second quarter will reach 260 million units with a seasonal growth of five percent.

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