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.
UNCERTAINTIES: Exports surged 34.1% and private investment grew 7.03% to outpace expectations in the first half, although US tariffs could stall momentum The Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) yesterday raised its GDP growth forecast to 3.05 percent this year on a robust first-half performance, but warned that US tariff threats and external uncertainty could stall momentum in the second half of the year. “The first half proved exceptionally strong, allowing room for optimism,” CIER president Lien Hsien-ming (連賢明) said. “But the growth momentum may slow moving forward due to US tariffs.” The tariff threat poses definite downside risks, although the scale of the impact remains unclear given the unpredictability of US President Donald Trump’s policies, Lien said. Despite the headwinds, Taiwan is likely
When Lika Megreladze was a child, life in her native western Georgian region of Guria revolved around tea. Her mother worked for decades as a scientist at the Soviet Union’s Institute of Tea and Subtropical Crops in the village of Anaseuli, Georgia, perfecting cultivation methods for a Georgian tea industry that supplied the bulk of the vast communist state’s brews. “When I was a child, this was only my mum’s workplace. Only later I realized that it was something big,” she said. Now, the institute lies abandoned. Yellowed papers are strewn around its decaying corridors, and a statue of Soviet founder Vladimir Lenin
UNIFYING OPPOSITION: Numerous companies have registered complaints over the potential levies, bringing together rival automakers in voicing their reservations US President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’ standing in the global trading system by penalizing purchases from abroad. Administration officials could release details of Trump’s planned 50 percent duty on copper in the days before they are set to take effect on Friday next week, a person familiar with the matter said. That is the same date Trump’s “reciprocal” levies on products from more than 100 nations are slated to begin. Trump on Tuesday said that he is likely to impose tariffs
READY TO BUY: Shortly after Nvidia announced the approval, Chinese firms scrambled to order the H20 GPUs, which the company must send to the US government for approval Nvidia Corp chief executive officer Jensen Huang (黃仁勳) late on Monday said the technology giant has won approval from US President Donald Trump’s administration to sell its advanced H20 graphics processing units (GPUs) used to develop artificial intelligence (AI) to China. The news came in a company blog post late on Monday and Huang also spoke about the coup on China’s state-run China Global Television Network in remarks shown on X. “The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” the post said. “Today, I’m announcing that the US government has approved for us