Taiwan’s smartphone makers continued to feel the pinch after local market shipments in the third quarter fell more than 3 percent from a year earlier, US-based International Data Corp (IDC) said on Thursday.
Weakening demand resulting from consumers postponing replacing their phones led to Taiwan’s smartphone shipments falling 3.1 percent from a year earlier to 1.26 million units in the July-September period. This drop follows a 4.6 percent year-on-year decline in the second quarter, when shipments stood at 1.05 million units, IDC said in a statement.
However, the average selling price of smartphones in the third quarter rose 3.3 percent from a year earlier, indicating that Taiwanese smartphone manufacturers were keen to focus on producing high and medium-end devices with a higher price tag to strengthen their competitive edge in the market, IDC said.
Photo: CNA
In the third quarter, shipments of electronic wearable devices in Taiwan totaled 1.25 million units, up 2.4 percent from a year earlier, with shipments of smartwatches growing 10.2 percent from a year earlier to 300,000, it said.
Earbud shipments in Taiwan fell 2.9 percent to 770,000 units in the third quarter from a year earlier, with shipments of devices using true wireless stereo technology accounting for 92.1 percent of total earbud shipments.
The earbud segment was affected by falling consumer consumption, while demand for earwear related to smartphones also weakened, dealing a blow to the entire earbud industry, IDC said.
The smartphone market in Taiwan would continue to weaken in the wake of unfavorable economic conditions and the slow replacement of devices by consumers, with shipments next year expected to fall 2.3 percent year-on-year to 4.86 million units, IDC Taiwan associate analyst Joanne Chiang (江靖婷) said.
Due to changing foreign exchange rates, increasing costs and a continued focus on mid-range and high-end products, the average selling price is expected to grow 2.2 percent next year, she said.
Chiang also predicted shipments of wearable devices in Taiwan would grow 1.1 percent to 3.84 million units next year, with smartwatch shipments expected to rise 4.7 percent from a year earlier to 950,000 units next year.
HSBC Holdings PLC is deepening its commitment to Taiwan as the economy emerges as one of the bank’s fastest-growing markets globally, driven by an artificial intelligence (AI) investment boom, expanding cross-border trade, and rising wealth creation. “The advantage that Taiwan has is a growth story linked to the semiconductor and broader AI industries, strong underlying corporate performance, and wealth creation,” said Surendra Rosha, HSBC’s co-chief executive for Asia and the Middle East, in an exclusive interview with the Taipei Times on June 2, during this year’s HSBC Taiwan Conference. That combination has helped HSBC cement its position as the most profitable international
The New Taiwan dollar yesterday fell sharply against the US dollar to close at its lowest level since May 22 amid a massive outflow of funds from the country because of investors panicking over global equity markets. The NT dollar ended at NT$31.580 against the US dollar, slightly lower than its close of NT$31.568 on May 22, after moving between NT$31.5 and NT$31.648 on combined turnover of US$3.062 billion on the Taipei Foreign Exchange and the Cosmos Foreign Exchange. The NT dollar received a significant hit in the morning session, slumping as much as NT$0.173 at a time when other Asian currencies
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is now ranked ninth among the world’s 100 most valuable companies after its market capitalization more than doubled over the past year, PricewaterhouseCoopers (PwC) Taiwan said in a report last month. TSMC’s market capitalization surged 101 percent year-on-year to US$1.427 trillion as of March 31, the accounting and consulting firm’s 2026 Global Top 100 Companies by Market Capitalization report said. The gain catapulted the world’s largest contract chipmaker from 12th place to ninth in the rankings, and it was the fastest-growing among the global top 10, it said. TSMC was the only Taiwanese company among the top
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported record revenue of NT$416.975 billion (US$13.17 billion) for last month, putting the world’s largest contract chipmaker on track to set a record for quarterly revenue. Last month’s figure surpassed March’s record NT$415.19 billion and represented increases of 1.5 percent from April and 30.1 percent from a year earlier. For the first five months of the year, TSMC generated NT$1.96 trillion in revenue, up 30 percent year-on-year, it said in a statement. TSMC has forecast second-quarter revenue of between US$39 billion and US$40.2 billion, representing sequential growth of about 10 percent and year-on-year growth of about