War, inflation and chip shortages: Smartphone production cuts

The Korean edition of Maeil Economic Daily in a new report reports that one of the largest gadget manufacturers Samsung is reducing the production of smartphones.


Apple’s also reducing its production by 20M this year:

Although the two reductions (Samsung, Apple) are considerably small, they indicate a small market precaution.

Until the war in Ukraine (in my POV the main reason currently) has a definitive solution, we can expect this kind of caution.

The trend is for more electronics makers to scale back production this year - and perhaps for much of 2023.