Suppliers expect slump in smartphone sales to continue into next year, but Apple remains most profitable

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According to news on October 21, according to foreign media reports, affected by the epidemic and worries about the global economic slowdown, the current situation of the consumer electronics market such as smartphones is not optimistic, and it has also affected the demand for key components such as memory chips. to the performance of the relevant manufacturers.

The latest foreign media reports show that a Japanese manufacturer that supplies components for Apple, Samsung and almost all domestic smartphone makers expects the trend of declining smartphone sales to continue into next year.

According to foreign media reports, the Japanese smartphone parts manufacturer is expected to ship 1.36 billion smartphones globally in 2021, but due to the decline in sales in major markets, it is expected to be less than 1.2 billion this year.

An executive at the Japanese component maker said in an interview that if the economy improves, consumers may be willing to buy a phone, even for a small upgrade, but said he is concerned that consumers are waiting longer for an upgrade .

Foreign media said in the report that due to the supply of components to almost all major smartphone manufacturers, the Japanese manufacturer has a deep understanding of the decline in smartphone sales. Their customers are facing a decline in shipments, and parts shipments have also been affected. .

However, foreign media said in the report that even if global smartphone demand declines, Apple will still be the most profitable manufacturer, taking 80% of the industry’s profits, much higher than other manufacturers.

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