Xiaomi and Honor have lowered their shipment targets by 20% to 40% due to epidemic in India

According to the Taiwan Economic Daily, the market today reported a list of mobile phone brand manufacturers in mainland China, including Xiaomi, Honor, Realme, OnePlus, etc., all of which have reduced their shipment targets. Major manufacturers, There has been no response yet.

It is said that Xiaomi has lowered its annual shipment target for this year from 240 million units to 190 million units, a margin of about 25%; Honor has revised from 50 million units to 35 million units, a 30% reduction.

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In addition, Realme has changed its shipment target for this year from 85 million units to 60 million units, a reduction of 29%; OnePlus has lowered its shipment target from 20 million units to 12 million units, a range of up to 40%.

The supply chain pointed out that the first wave of mobile phone reductions appears to be dominated by 4G mobile phones. The domestic manufacturers’ collective reduction of shipment targets is mainly due to the dual interference of the Indian epidemic and shortage of materials, especially Wingtech and Hixih mobile phones. The production capacity of the foundry is more affected.

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