Author Archives: TrendForce

Sony to Ramp Up PS5 Console Production, Aiming to Boost Sales to 18 million units in New Fiscal Year

Posted on 2022-06-06 by TrendForce

Sony stated in an earnings call that PS5 shipments totaled only 11.5 million units in the last fiscal year (2Q21 to 1Q22), missing the target of 14.8 million units. Increasing PS5 game console production will be the company’s main task …

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Global Packaging and Testing Output Value Reached US$82.139 Billion in 2021, 25.83% YoY, China Becomes Fastest Growing Market

Posted on 2022-06-01 by TrendForce

According to TrendForce research, driven by strong demand for 5G mobile phones, base stations, automobiles, and HPCs, the global output value of packaging and testing (including foundry and IDM) reached US$82.139 billion in 2021, or 25.83% YoY. This upward momentum …

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Smartphone Panel Shipments Forecast to reach 1.872 billion in 2022, Chinese Companies Accounting for More Than 50%

Posted on 2022-05-25 by TrendForce

According to TrendForce research, after smartphone panel shipments peaked at 1.95 billion in 2018, overall shipments declined gradually year over year. After 2020, due to the impact of the COVID-19 pandemic, shipments fell sharply to 1.796 billion units. In 2021, …

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Bucking Trends NEV Market Grew in 1Q22 with Global Sales Exceeding 2 Million Units, Says TrendForce

Posted on 2022-05-16 by TrendForce

According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%. Battery electric vehicles (BEV) demonstrated the strongest …

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Lingering Pandemic Vexes Economic Performance, 2022 Smartphone Production Volume Reduced to 1.333 Billion Units, Says TrendForce

Posted on 2022-05-11 by TrendForce

According to TrendForce research, global smartphone production volume in 1Q22 was 310 million units, a QoQ decrease of 12.8%, primarily attributed to ongoing inventory adjustments in various distribution channels performed by a number of brands and the cyclical off-season, which led to …

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