Mobile + telecom
Highlights of the day: Smartphone shipments to China market to shrink in 3Q20

Smartphone shipments to the China market more than doubled sequentially in second-quarter 2020 following a period hard hit the coronavirus pandemic earlier in the year, according to Digitimes Reseach's latest findings. But the market still faces economic uncertainties, smartphone shipments to China will shrink in the third quarter. In the semiconductor sectgor, pure-play foundry UMC has disclosed that inventory replenishment is continuing across multiple market segments in the wake of COVID-19-induced supply chain disruptions. For LCD panel maker AUO, its second-quarter finances improved, with revenues going up and loss narrowing, both sequentially, thanks to stay-at-home demand.

China smartphone shipments to contract in 3Q20, says Digitimes Research: Smartphone shipments to the China market are expected to decline both sequentially and annually in the third quarter of 2020, after experiencing a robust on-quarter growth in the previous quarter, according to Digitimes Research.

UMC expects flat 3Q20: Pure-play foundry United Microelectronics (UMC) expects its wafer shipments and ASPs to stay flat sequentially in the third quarter of 2020, with its capacity utilization rate remaining high at about 95%.

AUO loss narrows in 2Q20: AU Optronics (AUO) has reported net loss of NT$2.96 billion (US$100.99 million) for second-quarter 2020, an improvement from net loss of NT$4.99 billion for th eprevious quarter.

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