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Surge in Panel Prices Spurs Brands to Stock Up Early, Leading to a 2% YoY Increase in Q2 Global TV Shipments, Says TrendForce

27 June 2023

TrendForce’s latest forecast predicts global TV shipments for 2Q23 will reach 46.63 million units—a 7.5% increase QoQ, a 2% growth YoY. The uptick in shipments is primarily due to strong stockpiling momentum from Chinese brands for the 618 e-commerce shopping festival.

Global LCD Monitor Shipment Levels Experience 7.4% QoQ Decline in 1Q23, Signs of Recovery Sighted in Q2, Says TrendForce

15 June 2023

TrendForce reports that in the first quarter of 2023, global shipments of LCD monitors fell 7.4% QoQ to 28.8 million units, marking a YoY decline of 20.5%. Major brands, including Dell, HP, and Lenovo, experienced significant drops in shipment levels, falling by 15.6%, 22.8%, and 19.2% respectively.

Global Smartphone Production Drops to a Ten-year Quarterly Low at 250 Million Units, Says TrendForce

7 June 2023

The ongoing global economic downturn continues to impact consumer confidence in the market. TrendForce reports that the global production volume of smartphones in 1Q23 was only 250 million units—marking a 19.5% YoY decrease. This represents not only the greatest annual decrease but also a historic low in quarterly production since 2014.

Second-Hand Smartphone Market Poised for Continued Growth, Apple Secures Close to 50% Market Share, Says TrendForce

23 May 2023

TrendForce reports that the global pandemic and extended average device replacement cycles of 36 to 42 months have curtailed smartphone production growth.

Chinese Brands Boost Global TV Shipments to Pre-pandemic Levels of 47.26 Million Units in 2Q23, Says TrendForce

16 May 2023

TrendForce reveals that Chinese brands—capitalizing on the anticipation for the 618 shopping festival and overseas channels restocking their inventories—have pushed global TV shipments in 1Q23 to an impressive 43.37 million units.

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