Global smartphone production drops a record 11% year-on-year

Global smartphone production drops a record 11% year-on-year
The bad news is that global smartphone production fell 11% year-over-year to 1,250 billion units in 2020. The good news is that in 2021, global smartphone production is expected to rise 9% to 1360 billion. Of units. The pandemic warning is expected to subside, as is the chip shortage affecting smartphone production around the world. These figures emerged from a report published by the market research firm TrendForce. Breaking down the production figures, the report says Samsung Electronics shipments were 263 million, followed by Apple (199 million), Huawei (170 million), Xiaomi (146 million), Oppo (144 million), Vivo (110 million) and Transsion (55 million).

5G smartphone shipments more than double

The report says that the global production of 5G smartphones by 2021 will be around 500 million units, up from 240 million units last year. The 5G smartphone penetration rate is expected to reach 37%, up from 19% in 2020. Apple is expected to account for 35% of the 5G market, followed by Oppo (14%), Samsung Electronics (13%) , Vivo (13%), Xiaomi (11%) and Huawei (8%). "While 5G will continue to be a hot topic in the smartphone market this year, several countries will also resume building their 5G infrastructure, and mobile processor manufacturers will continue to release entry-level and mid-range 5G chips.", says the report.

Informe TrendForce sobre envíos de teléfonos inteligentes en 2020

(Image credit: TrendForce) Samsung is expected to maintain its position as the world's leading smartphone producer in 2021. The report predicts 2021 production at 1.36 billion units and that of Samsung and Apple at 267 million and 229 million, respectively. Huawei should be the big loser. Its annual output is expected to drop to 45 million due to US restrictions and the sale of its Honor brand. Via: TrendForce