Asia Issue Prompts TrendForce Smartphone Forecast Trim
TrendForce trimmed its 2021 smartphone production forecast 5 million units to 1.35 billion, citing the “intensifying COVID-19 pandemic in India and Vietnam in April and May.” Production could fall further in the second half “since the pandemic is showing no…
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signs of an impending slowdown in Southeast Asia,” the industry researcher said: Samsung has been relocating smartphone production to Vietnam since 2009. The OEM didn’t comment Wednesday.