Suppliers expect the decline in smartphone sales to continue into next year, but Apple is still the most profitable

October 21, according to foreign media reports, affected by the epidemic and concerns about the global economic slowdown, the current situation of the market for consumer electronic products such as smartphones is not optimistic, which also affects the demand for key components such as memory chips, which in turn affects the performance of relevant manufacturers.

According to the latest reports from foreign media, Murata Manufacturing, a Japanese manufacturer that supplies parts to Apple, Samsung and almost all domestic smartphone manufacturers, expects the decline in smartphone sales to continue into next year.

According to foreign media reports, the Japanese smartphone parts maker expects to ship 1.36 billion smartphones worldwide in 2021, but less than 1.2 billion this year due to a decline in sales in major markets.

An executive at the Japanese parts maker said in an interview that consumers might be willing to buy phones, even a small upgrade, if the economy improved, but he said he was worried that consumers would wait longer to upgrade.

Foreign media reported that the Japanese manufacturer was well aware of the decline in smartphone sales by supplying components to almost all major smartphone manufacturers, and that their customers were facing a decline in shipments and parts shipments were also affected.

However, foreign media reported that even if global smartphone demand falls, Apple will still be the most profitable manufacturer, taking 80% of the industry's profits, far higher than other manufacturers.