New Delhi, June 10 (IANS) As global smartphone manufacturing output declines, India is set to be the big winner in 2025, with output growing in double-digit percentages to reach a record 20 per cent share of worldwide output, fuelled by export demand from Apple and Samsung, a report showed on Tuesday.
Global smartphone manufacturing output is expected to slip 1 per cent (on-year) in 2025 due to tariff impacts and a broader industry slowdown, following a 4 per cent rise in 2024, according to Counterpoint Research’s latest global smartphone manufacturing allocation tracker.
China, India, and Vietnam were responsible for more than 90 per cent of the global manufacturing output in 2024, with India leading in terms of growth.
However, in 2025, manufacturing outputs from different countries are expected to show mixed performances. China will feel the impact of tariffs in 2025, which will result in declining output coupled with forecast domestic underperformance.
The global smartphone manufacturing shift has been accelerating after the Covid-19 pandemic, but the tariffs have hurt industry players at every level – from upstream component suppliers to downstream importers and distributors, brands to manufacturers.
“Consequently, brand owners have no choice but to move out of China and allocate more production capacity and output in other countries,” said Counterpoint Research Senior Analyst, Ivan Lam.
The main winners are India, which has significant growth potential, and Vietnam, which is relatively closer to China and has a mature contract manufacturing and export sector for consumer electronics, Lam noted.
Observing the recent manufacturing growth spurt in India, Counterpoint Research Senior Analyst, Prachir Singh, stated, “With traditional global EMS giants continuing to invest in India and local EMS actively participating, the country’s local manufacturing capabilities have significantly improved and are now capable of meeting higher production demands – after nearly a decade of refinement”.
Meanwhile, India’s overall manufacturing ecosystem is continuously growing, and local manufacturing is consistently improving, both in terms of yield and complexity.
“To further boost the component ecosystem, the government recently launched the Electronics Components Manufacturing Scheme (ECMS), incentivizing companies to invest and build in the country,” Singh added.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
