STMicro Beats Q1 2023 Earnings Expectations Despite Chip Shortages
STMicro expects 2023 revenue of $17.0 billion-$17.8 billion, representing a 5%-10% growth over 2022.
Silicon carbide (SiC) substrate manufacturing facility in Catania will fulfill the continuing demand as Silicon Carbide (SiC) in EVs is growing substantially.
In 2023, revenue from SiC is expected to be around $1.2 billion, with a significant portion of its substrates internally sourced by…
Podcast #58 – Component Shortage: Will it drive the eSIM migration?
The COVID-19-led semiconductor shortage disrupted the supply chains of several industries. The shortage also accelerated lead times for key components such as chipsets, DDIs & PMICs that power all electronics around us. While the auto sector was heavily affected, telecom operators were also struck due to the lack of physical SIM cards as SIM plants shifted their production to higher-value…
Podcast #56: Foundry Capacity Expansion Easing Chip Shortage, But Weakening Demand Can Cause Oversupply
The global semiconductor components shortage has been in the news since the start of the COVID-19 pandemic. Trade tensions between the US and China further upset the normal supply situation and the automotive sector was among the high-profile casualties. Chip manufacturers addressed the supply-demand issue by increasing capacity.
Then, there is the Russia-Ukraine conflict which has added further…
Smartphone ODM/IDH Companies’ 2021 Shipments Rise 6.4% YoY Despite COVID-19, Component Shortages
San Diego, Buenos Aires, London, New Delhi, Hong Kong, Beijing, Taipei, Seoul – May 3, 2022
Smartphone shipments from ODM/IDH (Original Design Manufacturer/Independent Design House) companies grew 6.4% YoY in 2021, according to Counterpoint Research’s Global Smartphone ODM Tracker and Report, H2 2021. This is attributed to a rebound of 4.5% YoY in the overall global smartphone market in 2021.…
Apple’s Record Quarter Shadowed by Continued Shortages, Other Risks
With a March quarter with many headwinds – inflation, component shortages, war and COVID-19 lockdowns – Apple recorded impressive results. Overall revenues grew 9% YoY while iPhone revenues were up 5%. Apple was able to grow its installed base to an all-time high even as all services hit new highs and all regions grew with the exceptions of Japan and Rest of Asia Pacific, which had tough exchange…
Global PC Shipments Down 4.3% YoY in Q1 2022; Component Shortages Likely to Ease in H2
Taipei, London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Seoul – April 28, 2022
Global PC shipments fell 4.3% YoY in Q1 2022 to reach 78.7 million units, according to Counterpoint Research Global PC tracker. Entering 2022, the PC supply chain experienced easing component shortages and logistics issues compared to the second half of 2021. Order backlog from 2021 continued to contribute…
Global Semiconductor Shortage Likely to Ease Significantly in H2 2022 Despite China Lockdowns
London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Taipei, Seoul – April 20, 2022
Global semiconductor chip shortages are likely to continue easing during the second half of 2022 as demand-supply gaps decrease across most components, according to Counterpoint Research’s latest smartphone Component Tracker Report.
These shortages have plagued many industries for the past two years and…
Gaming, Data Center Shine in NVIDIA’s 2021 Show; Shortages Hit Networking Revenues
NVIDIA has reported a 62.3% YoY increase in its 2021 revenues to $26 billion. In Q4 2021, revenues were at $7.5 billion, a 52% YoY increase. Gaming, data center and professional visualization segments contributed to the overall growth in revenues. In terms of products, high-end desktop/laptop gaming processors, data center GPUs and AI rendering workload-specific hybrid workstations contributed to…
Despite Global Component Shortages, Qualcomm Dec Quarter Revenues Hit New High of $10.7 Billion
Qualcomm recorded a very strong December quarter with revenues of $10.7 billion, an increase of 30% YoY. The company had a record QCT quarter despite component shortages and foundry capacity not being able to keep up with demand. Qualcomm was able to prioritize high-end Snapdragon sales, which come with higher profitability and less impact from shortages than mid- and low-end mobile handsets. The…
US Smartphone Sales Remain Flat YoY in Q4 2021 Due to Shortages of Premium Flagships
Los Angeles, Buenos Aires, Toronto, London, New Delhi, Montreal, Denver, Hong Kong, Beijing, Seoul – January 28, 2022
US smartphone sales remained flat YoY in Q4 2021 as premium flagship devices were in short supply during the holiday season, according to Counterpoint Research’s latest data from its US Monthly Smartphone Channel Share Tracker. Strong holiday promotions in carrier channels,…
US Smartphone Market in 2022: Strong Promotions to Drive Sales in Postpaid, Stiff Shortages Seen for Prepaid
The US smartphone market was defined by several key trends in 2021, including strong promotions from Verizon, T-Mobile and AT&T; LG, the former number three smartphone brand in the US, leaving the smartphone business; and the ongoing component shortages. As 2021 fades into the rearview mirror, it is worth taking a preemptive look at the trends that are likely to define the US smartphone…
Mexico Smartphone Market Surges in Q3 2021 Amid Component Shortages
Mexico’s smartphone market saw 13.3% YoY and 14.2% QoQ growth in Q3 2021.
Motorola led the market with a 23.9% share.
Buenos Aires, New Delhi, Hong Kong, Seoul, London, Beijing, San Diego – December 23, 2021
Mexico’s smartphone market saw impressive growth during Q3 2021 even as many LATAM markets were heavily impacted by the ongoing component shortages. The country’s smartphone shipments…
Component Shortages Hit LATAM Smartphone Market Growth in Q3 2021
LATAM’s smartphone market saw 0.7% YoY and 3.1% QoQ growth in Q3 2021.
Motorola’s share increased 3.4% points while Samsung’s share decreased 9.7% points.
Buenos Aires, New Delhi, Hong Kong, Seoul, London, Beijing, San Diego – November 29, 2021
The LATAM smartphone market is heating up with the arrival of more players. In the last year, at least five new brands entered the region. Despite…
Smartphone Primary Camera Resolution Continues to Improve Amid Supply Shortages
Beijing, Boston, Toronto, London, New Delhi, Hong Kong, Taipei, Seoul – Nov 11, 2021
Smartphones featuring rear main cameras powered by 48MP and above megapixels accounted for 43% of total sales in Q2 2021, rising significantly from 38.7% in Q1 2021.
In front main cameras, the share of 20MP and above resolutions almost stayed flat QoQ in Q2 2021 due to the decline in sales of high-end…
Shortages, Promotions Shaped US Prepaid Market in Q3 2021
The third quarter of 2021 is in the books and the major US carriers have announced their end-of-quarter results. While the postpaid segment saw healthy growth across the board, the prepaid segment was a mixed bag, with shortages impacting low-end LTE devices and leaving the carriers to fight for supply. Additionally, 5G network competition between AT&T and T-Mobile, in particular, is driving…
The chip shortage hit hard in Q3 2021, but smartphone brands still coined it
Meanwhile, Counterpoint Research also revealed that despite the shipment decline, the industry saw record third-quarter revenue of over $100 billion (up 12% year on year). The tracking firm noted that the chip shortage has resulted in increased pricing for components, with some phones seeing price increases as a result. This apparently affected the low-end segment the most...Read more
China Smartphone Sales Drop 9% YoY in Q3 2021 on Weak Spending, Component Shortages; HONOR Rises to Third Spot
Smartphone sales in China increased 3% QoQ but declined 9% YoY in Q3 2021.
vivo led the market in Q3 2021, capturing a 23% share, followed by OPPO (20%) and HONOR (15%).
HONOR was the fastest-growing OEM (96% QoQ) in China during the quarter.
China’s 5G smartphone sales accounted for 79% of total smartphone sales in Q3 2021.
Beijing, Hong Kong, New Delhi, Seoul, London, San Diego,…
When the Chips are Down: Governments Move to Address Shortage
If there is one thing that COVID-19 continues to teach us is to not underscore the early signs of any crisis. This holds particularly true for the ongoing chip shortage. The severity of the shortage is nothing less than a famine for the industries affected by it, with recovery nowhere near in sight. The crisis now lurks under almost every electronic product that is part of our lives. The…