Dear reader,
Welcome to this week’s edition of our newsletter.
Macroeconomic turbulence, geopolitical crises and China lockdowns have combined to paint a sombre picture of key numbers this year so far. Global smartphone shipments in Q2 2022 dropped below 300 million units for the first time since Q2 2020, reports Jan Stryjak, even as China’s smartphone sales reached less than half of their historical peak of Q4 2016, according to Ivan Lam.
The global PC market too had weak numbers to report for the quarter, recording its largest YoY decline since Q2 2013, says William Li, adding order adjustments are expected to continue due to persistent inflation and saturation in enterprise spending.
Our Macro Index, which tracks the environment and sentiment for the global technology industry, also dropped to its lowest level since June 2020, finds Yang Wang. At the same time, he added that China, the biggest drag on previous months’ readings, seemed to be staging a turnaround.
All this and much more in the news scroll below.
Happy reading and stay safe!
Team Counterpoint
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The Counterpoint Macro Index, which tracks the environment and sentiment for the global technology industry, dropped to 82.86 in June 2022. This is the lowest level since June 2020....Read more
The overall sales of diverse RF front-end components, mainly including PA (RF power amplifier) integrated modules, diversity receive modules...Read more
The Philippines is one of the fastest-growing and tech-savvy nations in Southeast Asia. The country’s mobile connection penetration has reached 140% and most of the leading...Read more
Following the success of its Yoga and Legion gaming laptops, Lenovo India has launched a new range of laptops with a faster processor, beautiful...Read more
The US Consumer Price Index (CPI) measures the average change over time of a basket of goods and services. It is one of the primary measures of inflation. The recent June report notes that the CPI for all urban consumers rose 9.1% over the last 12 months not seasonally adjusted...Read more
Rogers reported an excellent quarter across all segments (wireless, cable, and media) with increased revenue, upgrades and subscribers and a...Read more
AT&T announced its earnings for Q2 2022 on July 21, delivering strong results for its core mobility business. Despite macroeconomic headwinds, AT&T was able to deliver strong net...Read more
After achieving phenomenal growth in Q1 2022, Tesla’s global sales during Q2 2022 grew by just 27% YoY to over 254,000 units, falling short of...Read more
There is no shortage of truly wireless earbuds in the market, and you can easily get a good-sounding pair for under $100. However, it is the sound quality, battery life, and features like active noise cancellation (ANC), wireless charging, and more, that differentiate premium true wireless stereo (TWS) earbuds from their...Read more
Up-to-date, to improve the performance and cost, the Electronic Vehicle (EV) industry ecosystem is trying to push innovation on technologies upon battery technology, electric motor, and electronic control systems. When many companies try increasing the battery density, Denso thinks about increasing power efficiency.
Reducing the power losses will also benefit the car cost. The battery takes around 40% of the cost of an EV. The EV can further extend the mileage without increasing the cost much or in the same mileage but reduce the total cost by trimming the battery size.
More and more new technologies will be applied to the EV in the coming years, by making the battery density higher, lighter, and “greener”, making the motor more powerful and lower consumption, and making the control system stronger and more efficient.
The primary product, under Intel’s enhanced 22nm (which is renamed as Intel 16, to be compatible with TSMC/Samsung’s node names), is targeting the analog/transceiver ICs in MediaTeks’ future WiFi solutions in edge/AIoT. It looks like the product launch would be in H2 2023 as the earliest.
The initiative of the partnership was from MediaTek’s new hired foundry veteran setting the goal of multi-sourcing in mainstream technologies. Currently, TSMC is the only foundry vendor on MTK’s products below 20nm while MTK already has 3-4 various sources in matured nodes.
MTK and Intel have built the relationship nearly from 5G modems for Intel’s NB. The deal looks a win-win as MTK would run limited risk for Intel’s new foundry services and IFS obtains one of top 10 fabless clients. At this point, MTK is not considering any other mainstream or sub-10nm products using IFS.
No impact on TSMC. MTK remains TSMC’s single source in advanced nodes before Intel / Samsung could prove their sub-10nm technologies competing in TSMC’s yields and deliverables.
Chart of the week: Global Smartphone Sales Share by Display Type - CY2021 (You may have to enable images to see this chart)
Our Smartphones Quarterly, Asia Edition (Q2 2022) is ready!! FOLLOW US on LinkedIn and we’ll send you a copy.
Counterpoint Quarterlies aggregate important notes we’ve published during the past three months – all organized by research area. The Asia Edition, Q2 2022 provides data and analysis on country and OEM level trends, channel dynamics, key announcements, new products and innovations, and short-term forecasts.
Over 40 pages where you will find:
✅ Smartphone shipment shares by region
✅ Brand/Vendor performance in Asia
✅ Best selling smartphones in various countries
✅ Operators performance and announcements
✅ Smartphone market share by quarter
The Counterpoint Macro Index aims to capture the environment and sentiment for the global technology industry. We look at issues and measures in macroeconomics, domestic and international politics, supply chains, industry performance and outlook, and regulatory events and outlook.
