What They Say
Digitimes Research said that Chinese smartphone brands are likely to have shipped around 140 million units in Q3, down 5.5% sequentially and 18.2% YoY, quoting Digitimes Research as the source. The drop is a result of weak demand and a desire to reduce inventory in the whole supply chain. Oppo was up on Q2, but Xiaomi and Vivo declined. The three accounted for 65.4% of all smartphones shipped by China-based companies, up from the second quarter’s 63.6%.
Separately, GSMArena reported on a leak of specs of the Oppo Find N2 Flip folding device.
What We Think
There really is very little good news around for device makers at the moment. (BR)
