TAIPEI/SEOUL -- Samsung Electronics, Oppo and other leading smartphone makers plan to ramp up production in 2024, in a sign that the industry is finally pulling out of its yearslong slump.
Sources briefed on the matter said the planned increases range from around 6% to 9%, with bigger rises expected in more premium segments. This would be a marked improvement from 2023: Smartphone shipments are estimated to drop to their lowest point in a decade this year, after falling in 2022 as well, according to data from Counterpoint Research.
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December 22, 2023 at 09:56AM
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Samsung and other Android smartphone makers gearing up for better 2024 - Nikkei Asia
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