According to the Taiwan Economic Daily report, the South Korean tech giant, Samsung is looking to reduce its smartphone shipments next year by 13%, which is approx 30 million units.
The report includes Japanese parts manufacturer name Murata, Taiwanese parts manufacturers Yageo, Tongxin Electric, Dubai, etc. are also looking for the same market situation.
Among them, Murata is the global leader in passive component MLCC (Multilayer Ceramic Capacitors), providing electronic modules and components for Apple iPhone, Samsung smartphones, and domestic mobile phone brands.
Yageo, a passive component manufacturer, said that the demand for consumer electronics terminals such as laptops and smartphones has slowed down, and it is expected that it will take about six months to adjust the inventory of standard products.
A report from TheElec shows that Samsung Smartphone Production Plan, foldable phones will grow rapidly, and it seems to predict a compound annual growth rate (CAGR) of over 80% until 2025.