Apple's iPhone continues to experience low shipment volumes in China. According to data compiled by CAICT, although mobile shipments in China declined in July 2024, the market share of companies like Vivo, Oppo, Xiaomi, and Huawei continued to rise. Their combined market share reached 90% in July, pushing Apple's iPhone to a single-digit market share—a new record low in recent years.

It has been nearly a year since Huawei HiSilicon's Kirin chipset made its comeback. Observing Huawei's mobile performance this year, signs suggest that the company's supply issues may be resolved. More importantly, however, is whether Huawei's locally manufactured Kirin chipsets are back on track regarding yield and production capacity.

Xiaomi will release its own customized mobile SoC in the first half of 2025, according to sources in the smartphone supply chain.

Hyperscale data center operators are adopting large volumes of high-end Ethernet chips to ensure all high-end GPUs in data centers can be connected to form a massive supercomputer, reaching a higher degree of integration and fulfilling the rising demand for AI computing, according to Ram Velaga, SVP and general manager of the core switching group at Broadcom.

Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been Xiaomi's best thus far according to CEO Jun Lei.

Apple is expected to prioritize improving optical zoom capabilities in its future iPhones to remain competitive with other smartphone brands. According to sources familiar with Apple's supply chain, the company plans to rely on Largan Precision and Genius Electronic Optical's (GSEO) glass-plastic hybrid (G+P) lens solutions, combined with flash and LiDAR scanner technologies, to achieve this goal.

Affected by market destocking adjustments, Apple's operations continue to show lackluster performance as the peak season for 2024 is delayed. Recently, the supply chain has reported that ramp-up production is expected to resume in August and continue until the fourth quarter. However, overall growth remains slow, with the second half of the year projected to have slightly better results than the first half.

Rumor has it that Apple is seeking to partially reverse its production relocation, returning to China some of the manufacturing capacity it has had its suppliers move out of the country. But DIGTIMES sources familiar with the US vendor's ecosystem say this is unlikely.

Demand for LTPS LCD and AMOLED handset panels is expected to decelerate in the second half of 2024 with prices weakening, as handset customers start adjusting inventory, according to sources from the supply chain.

Chinese smartphone manufacturer Honor has received an investment from China Mobile Communication Co., the parent company of the country's largest mobile operator. While the exact terms of the deal remain undisclosed, the investment is expected to strengthen Honor's position in the competitive smart device market.

Foxconn's Tucheng headquarters hosted a traditional Ghost Festival ceremony on August 23. Following the event, chairman Young Liu addressed recent speculation, assuring investors that production lines for various products are on track. He promised to share more details about specific projects in the near future.