Mobile phone chip inventory is in a hurry, and the lack of core leads to a wave of price increases for mobile phones

The global chip shortage has had a serious impact on the smartphone industry. Not only have shipments continued to slow down, but prices have soared for the first time in history. Some manufacturers have had to reduce production or delay the launch of new phones.

Compared with industries that are suffering from chip shortages such as automobiles, PCs, and home appliances, smartphone manufacturers have not been severely affected most of this year because they purchase important parts six months in advance, but inventories are gradually shrinking. It is understood that more than 80% of mobile phone manufacturers are currently in the dilemma of a shortage of parts. In the case of Samsung Electronics, the world's largest mobile phone manufacturer, the procurement of key components may result in a 20% decrease in shipments in the second quarter compared with the first quarter.

Counterpoint Research estimates that shipments of the mobile phone industry in the second quarter may be reduced by 10% compared to the first quarter. The research organization said: The shortage of parts is the biggest obstacle to growth in shipments.

At the same time, chip shortages have also pushed up component prices. At present, manufacturers have passed on costs by increasing mobile phone prices. Take Xiaomi as an example. The latest flagship machine Redmi Note10, which was released in India in March this year, costs about US$161, but this month's price is US$174, which is 8% higher than the previous price.