Monday, October 23, 2023
HomeTechnologyiPhone 15 fails to spice up Taiwanese suppliers as gross sales plunge

iPhone 15 fails to spice up Taiwanese suppliers as gross sales plunge


Main suppliers to Apple in Taiwan recorded one other substantial gross sales decline in September, falling 16.4% year-over-year to NT$1.24 trillion ($38.7 billion). The drop comes regardless of the launch of Appleā€™s newest iPhone fashions and new Android gadgets from rivals and follows related information from the PC market.

In keeping with an Oct. 12 Bloomberg report, the gross sales decline extends a downward development that started in 2022 for Taiwanā€™s contract chipmakers and electronics assemblers that offer Apple and different tech giants. The September figures mark the steepest month-to-month drop since June. For the primary 9 months of 2023, gross sales have fallen 8.8% in comparison with the identical interval final yr.

The brand new iPhone 15 lineup went on sale in September, with upgrades to the bottom mannequin receiving constructive critiques. Nevertheless, the iPhone launch did little to spice up suppliersā€™ gross sales. This highlights the smartphone marketā€™s maturity and Appleā€™s challenges in spurring demand for brand spanking new fashions.

Taiwan Semiconductor Manufacturing Firm, the worldā€™s largest contract chipmaker, recorded a 13.4% gross sales decline in September. This was higher than many analysts feared, reflecting TSMCā€™s energy in non-smartphone segments like high-performance computing chips.

Machine assemblers like Hon Hai Precision Trade (Foxconn) and Compal Electronics posted double-digit proportion declines in September. Quanta Pc, one other main Apple contract producer, additionally noticed vital decreases ā€” revealing challenges confronted throughout Appleā€™s Taiwan-based meeting ecosystem.

The gross sales downturn displays each softening shopper demand for private electronics like smartphones and market saturation in developed nations. The subsequent catalyst for progress within the smartphone market is unclear, as new options like foldable shows have but to go mainstream.

Going ahead, Apple and its suppliers should goal progress avenues outdoors smartphones and PCs, together with new product classes like AR/VR headsets. Software program and providers have change into more and more important to Appleā€™s outcomes as {hardware} gross sales reasonable ā€” however, within the close to time period, Taiwan suppliers face extra uncertainty and potential draw back amid a sluggish international financial system and weak electronics demand.

Radek Zielinski

Radek Zielinski is an skilled expertise and monetary journalist with a ardour for cybersecurity and futurology.



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