1. Phone chip makers cut orders as phone demand plummets

This year, demand for the iPhone SE (a new line of mobile phones from Apple) is growing slowly, and annual shipments are predicted to drop by 10 million units. China’s major Android phone makers have cut about 170 million orders this year, or about 20% of their original plan.

Details: Phone chip makers cut orders as phone demand plummets

2. Total NAND Flash revenue down 3.0% in Q1-2022

Demand for smartphones has declined due to the Russo-Ukrainian war, the off season and rising inflation. In Q1/22, NAND Flash bit shipments and average selling price decreased by 0.5% and 2.3%, respectively, resulting in a 3.0% decline in industry revenue QoQ, to $17.92 billion.

Details: Amid Weakening Consumer Demand and Falling Prices, Total NAND Flash Revenue Declined 3.0% in Q1- 2022

3. APAC will contribute 38% of market growth from 2022 to 2026

Increased automobile production in developing countries such as India and China, and an increase in electric vehicle production in countries such as Japan and South Korea, are expected to drive connector market growth. Electricity for cars and vehicles in Asia Pacific from 2022 to 2026. The region is expected to contribute to 38% of the market’s growth.

Details: Automotive and Transportation Connector Market: APAC to Contribute to 38% Market Growth from 2022 to 2026