X
May 19, 2022 09:04 AM (GMT+8) · EqualOcean
Nikkei Asia reported on May 18 that Xiaomi, oppo and vivo, China's three major mobile phone brands, have informed suppliers that they will cut orders by about 20% in the next few quarters. Citing an unnamed source, Nikkei pointed out that Xiaomi informed the supply chain that it would reduce the original sales target of 200 million units this year to 160 million to 180 million units; Oppo and vivo also cut orders by about 20% this quarter and next quarter to digest the excessive inventory accumulated in the current channel.

This text is a result of machine translation.