Asia Issue Prompts TrendForce Smartphone Forecast Trim

July 22, 2021 |International Telecom

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 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.