TAIPEI -- China's leading smartphone makers have told suppliers to scale back orders for the coming quarters by around 20% from previous plans following monthlong COVID lockdowns that have severely disrupted supply chains and battered consumer confidence, Nikkei Asia has learned.
Supply Chain
China's Xiaomi, Vivo and Oppo trim smartphone orders by 20%
Trio hit by lockdowns and inflation woes while Samsung and Google less impacted
The Ukraine war, inflation and lockdowns in China are the top factors affecting the smartphone industry this year, said an executive at a supplier to Samsung, Xiaomi and Honor. (Source photos by AP and Getty Images)
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