ELECTRONICS NEWS HIGHLIGHTS 05/30/2022

Electronics news highlights 05/30/2022

1. Phone chip makers cut orders as phone demand plummets

This year, demand for the iPhone SE (Apple's first new mobile phone) is sluggish, and annual shipments are anticipated to be be cut by 10 million units. China's major Android phone brands have cut orders by about 170 million units this year, accounting for 20% of their original shipment plan.

Details: https://www.semimedia.cc/?p=12417

 

2. Amid weakening consumer demand and falling prices, total NAND flash revenue declined 3.0% in 1Q22

Demand for smart phone bits has weakened due to the Russian-Ukrainian war, the traditional off-season, and rising inflation. In 1Q22, NAND Flash bit shipments and average selling prices fell by 0.5% and 2.3%, respectively, resulting in a 3.0% quarterly decrease in overall industry revenue to US$17.92 billion.

Details: https://www.trendforce.com/presscenter/news/20220525-11230.html

 

3. Automotive and transportation connector market: APAC to contribute to 38% market growth from 2022 to 2026

The increased automobile production in developing countries such as India and China, along with the rise in the volume of EVs in countries such as Japan and South Korea, is expected to propel the automotive and transportation connector market growth in APAC from 2022 to 2026. The region is expected to contribute to 38% of market growth.

Details: https://www.prnewswire.com/news-releases/automotive-and-transportation-connector-market-apac-to-contribute-to-38-market-growth-from-2022-to-2026-technavio-301553579.html

 

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