Qualcomm has predicted a decline of more than 10% in the mobile market in the coming months, from which the industry will take a long time to recover.
Last May, predictions were made that 2022 would not be a good year for mobile phones. These predictions seemed to be confirmed While, a few weeks ago, we were talking about a 9% drop in the global market and only two manufacturers experienced growth.
And, for now, it looks like we’re not going to let go of that pessimism. As reported in The VergeChip maker Qualcomm The market may fall more than expected next month
The global economic situation does not help
The San Diego-based firm points to “uncertainty created by a busy economic environment” as the main culprit. In fact, according to their predictions, it will pass soon More than 10% from single digits.
The company also points out that there has been a The demand for phones has decreased. Also, although supply constraints have been somewhat relaxed in the semiconductor industry, manufacturers have found themselves Lots of inventory to get rid of. Among these manufacturers is, of course, Qualcomm’s “main customer”.
probably Those major customers include Apple and SamsungWhich use the San Diego company’s chips in their terminals and, as we’ve already mentioned, have been having trouble selling units for some time.
It’s worth remembering that last June there was talk that Samsung had 50 million phones in stock. According to Apple itself Production will not increase Its new iPhone 14. Revenue forecasts from Cupertino for the last quarter fell short of expectations.
Qualcomm’s predictions point to this downward trend as well Christmas will affect sales, usually the annual income of manufacturers is critical. The manufacturer also said that it will take at least “a few more quarters” until the situation is resolved.