Tianfeng International analyst Ming-Chi Kuo revealed in a tweet on Thursday (31st) that China’s major Android phone brands have cut orders by regarding 170 million units so far this year, equivalent to 20 percent of the original shipment plan for the global market in 2022. %.
Ming-Chi Kuo pointed out that among the 170 million mobile phone orders that were cut off, 70% of the mobile phones used MediaTek chips.
Ming-Chi Kuo also mentioned that due to low consumer confidence and weak demand for smartphones, the supply of RF front-end chips has been tight in the past 1-2 years, but some smartphone brands Skyworks (SWKS-US) and Qorvo (QRVO-US) The inventory level of RF front-end chips is currently over 6-9 months.
Ming-Chi Kuo predicts that orders from major Chinese Android phone brands may continue to decline in the next few months due to sluggish consumer confidence.
A recent US foreign investment report pointed out that in view of the 5-year bull market cycle of MediaTek (2454) is coming to an end, the stock rating of MediaTek (2454) was downgraded from “overweight” to “neutral”, and the target price was lowered from 1,300 yuan to 1,050 yuan.
Before the deadline, at around 10:30 on Friday, Taipei time, MediaTek (2454-TW) fell 0.22% to temporarily report 903.00 yuan per share.
Counterpoint’s research report on the 24th of last month pointed out that in the fourth quarter of 2021, global smartphone SoC (system-on-chip) shipments increased by 5% compared with the same period last year, and 5G smartphone chips accounted for nearly half of the overall market.
In terms of manufacturers, MediaTek has a market share of 33% in smartphone chips, taking the lead in the global smartphone chip market for the sixth consecutive quarter, followed by Qualcomm.
