Production volumes are expected to slow at Apple, Samsung and Chinese smartphone makers and “the bottom is not yet in sight,” according to Credit Suisse analysts, who revised down a previous forecast for a drop of 14 per cent to 19 per cent in Q1, 2019. Photo: AFP
Production volumes are expected to slow at Apple, Samsung and Chinese smartphone makers and “the bottom is not yet in sight,” according to Credit Suisse analysts, who revised down a previous forecast for a drop of 14 per cent to 19 per cent in Q1, 2019. Photo: AFP
Smartphones

Credit Suisse predicts steep fall in global smartphone output as demand and China economy slow

  • Credit Suisse analysts warn ‘the bottom is not yet in sight’ for global smartphone production levels after predicting 19 per cent drop in first quarter

Production volumes are expected to slow at Apple, Samsung and Chinese smartphone makers and “the bottom is not yet in sight,” according to Credit Suisse analysts, who revised down a previous forecast for a drop of 14 per cent to 19 per cent in Q1, 2019. Photo: AFP
Production volumes are expected to slow at Apple, Samsung and Chinese smartphone makers and “the bottom is not yet in sight,” according to Credit Suisse analysts, who revised down a previous forecast for a drop of 14 per cent to 19 per cent in Q1, 2019. Photo: AFP
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