Electric vehicles have strong potential in the Indian market. But not everyone in the South Asian country is convinced that a market where about 22 out of 1,000 people own a vehicle is ready for the EV revolution yet, according to DIGITIMES' correspondent in India. In India's mobile telecom market, intense price competition has drastically changed its landscape, with the top-3 carriers dominating over 90% of the market. In the semiconductor sector, AMD is expected to be the first adopt TSMC's SoIC technology fot its HPC chips.
The mobile telecom landscape in India has changed drastically since startup Reliance Jio launched its 4G LTE network services in September 2016 with unprecedented free voice over LTE services and extremely low 4G subscription rates, triggering price competitions that have resulted in a wave of bankruptcies and consolidations among Indian telecom carriers over the past five years.
Micron is stepping up expansions of its production capacity, with plans to install EUV tools at its Taiwan fabs in 2024. In China, smartphone shipments to the domestic market slipped 5.4% in September, with local brands accounting for over 90% of the shipments. And supply side issues, such as component shortages, may hinder 5G smartphone shipment growth globally in 2022.
Smartphone sales in the China market slipped 5.4% sequentially to 20.81 million units in September 2021, with non-Chinese brands accounting for less than 6% of the sales, indicating iPhone 13 series launched in mid-September had yet to show notable sales momentum in the market.
Supply-side factors, including particulary shortages of power management IC (PMIC) and other components as well as power cuts in China, are very likely to constrain the overall 5G smartphone shipment growth in 2022 after affecting global smartphone sales in the third quarter of 2021, according to industry observers.
Honor, a spinoff from Huawei, has been re-establishing its partnerships with US-based vendors including Qualcomm, Microsoft and Intel since early 2020 and has risen to third place in terms of share in China's smartphone market. The company is now also looking to push into overseas markets with collaboration with Google.
MediaTek will soon launch its Dimensity 2000 series application processors designed for flagship smartphones, with the new chipset to be featured in a number of new models slated for launch in the first quarter of 2022, according to industry sources.
General director of Samsung Vietnam Choi Joo Ho has confirmed that the company will spend the new investment budget approved each year, and has requested an annual increase of US$100 million to upgrade the group's production lines in its six Vietnam factories, according to a media report.
India's three major telecommunication companies account for 90% of the business opportunities. Vodafone's market share is declining. The fastest-growing player is Reliance Jio, which accumulates service users through a successful marketing ploy of low-cost mobile phones. Its current market share in India's telecommunication market has reached 37% with 436 million users.
Makers in Apple's supply chain have seen no major changes to orders for iPhone 13 devices despite speculation about the US vendor looking to cut production for the new smartphones. The memory sector is entering a period of correction, with commodity DRAM prices likely to fall 15-20% in first-quarter 2022. Rising components, production and logistic costs are heaping pressure on notebook vendors.
Despite reports claiming Apple would cut its orders for the iPhone 13 series, sources from related camera module component suppliers have pointed out that their orders for October and early November have not seen any major changes.
TSMC has narrowed its revenue growth outlook this year to 24%, based on its forecast of 4.5% sales rise at the midpoint of the foundry house's latest guidance for fourth-quarter 2021. Despite a media report's claims that Apple is cutting its production goals for iPhone 13 seies for 2021, components suppliers have disclosed hey have not seen any reductions in orders from the client for the new smartphones. In China, manufacturers are making contingency plans to cope with power restrictions, which they expect will become a long-term policy of the country.
Component suppliers for Apple's new iPhones have seen no cutback in orders thus far this year, in contrast to a media report indicating Apple may slash its projected iPhone 13 production targets for 2021 by as many as 10 million units due to chip shortage, according to industry sources.
Judging from the status of the upstream supply chain, regional markets and the COVID-19 pandemic, Digitimes Research expects global smartphone shipments to increase 4.7% on year and arrive at 1.3 billion units in 2021 and will see on-year growths between 4-7% every year in the next five years, according to the figures from Digitimes Research's latest five-year (2022-2026) forecast report on the smartphone industry.
Thailand's gaming industry raked in more than US$1 billion in revenue last year amid COVID-19, according to Thailand Business News citing data from NewZoo, with the number of gamers increasing to 32 million in the country.
India's huge population and potential economic growth have attracted investments from foreign IT enterprises, such as Samsung, Netflix, and Oppo, while local large enterprise groups such as Tata and Reliance have been pushing for innovations across industries in India with increasing investments as well.
The competitive pressure felt by Android from Apple is expected to slightly ease due to shortages of Apple's latest iPhone 13 lineup in Europe, the US, and Taiwan, according to sources from mobile phone channel distributors. Apple's iPhone 12 lineup is also in short supply.
Handset sales in the Taiwan market during the fourth quarter are likely to grow nearly 15% as brand vendors push for higher sales, particularly Apple's new iPhone 13. Major Android brands including Samsung, Vivo and Oppo are expected to see drastic changes in market share.
Despite speculation that TSMC has seen Apple and MediaTek cut orders for its 5nmand 7nm processes, the wolrd's top foundry house should still be able to achieve its sales targets in 2021, sources at its suppliers have maintained. And sources from the PCB sector have disclosed that order momentum from Appel for iPhone 13 remains normal. Meanwhile NOR flash supply is expected to remain tight through 2022.
Apple reportedly is cutting component orders for iPhones by up to 25%, but Taiwan's PCB makers in the supply chain for the new iPhone 13 have stressed their order momentum from the US vendor remains quite stable, according to industry sources.
After being hit hard by the resurgence of COVID this year, Vietnam is gradually resuming manufacturing and social activities. Other countries in the region are expecting higher smartphone sales, while Indonesia is becoming a production base of EV batteries.