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

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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 ...



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