Huawei, Oppo and Vivo cut phone orders with over ten % because of fear of unsold inventory: Report

collected by :John Smith

Huawei, Oppo and Vivo to slash phone orders with ten % in 2018

While the worldwide phone request has got best over the past few years, it looks like in 2018 we might witness a slow circulation of devices. Well, from what we are hearing Chinese handset makers Huawei, Vivo, and Oppo going to reportedly start 2018 on a slower note as they may cut phone orders with over ten percent. "China-based phone brand vendors involving Huawei, Oppo and Vivo are taking about less ten % of phone shipments than their original orders from the supply chain makers for the 4th quarter of 2017," Taiwanese tech site DigiTimes has reported. "The Chinese players are reportedly sitting on further inventory as worldwide phone request has dropped," Android Authority announced on Tuesday. But even with this break news of cutting orders, it looks like 2018 going to shape up to be a perfect year for Chinese phone manufacturers.

Huawei, OPPO, Vivo to slash phone orders with 10%: Report

As it stated in BEIJING: Concerned over sluggish worldwide phone demand, Chinese handset makers Huawei phone Vivo and OPPO going to reportedly start 2018 on a slower note as they may cut phone orders with over ten per cent, media reported. "China-based phone brand vendors involving Huawei, OPPO and Vivo are taking about less ten per cent of phone shipments than their original orders from the supply chain makers for the 4th quarter of 2017," Taiwanese tech site Digitimes reported. "Their orders to the supply chain makers for the premier quarter of 2018 are too likely to be lower than expected, affecting the performance of generality upstream supply chain players during the period," the report added.However, Xiaomi seems to be the exception the time it comes to reducing phone shipments.The firm has continued to trial stable discounds for its smartphones and it is "one of a few phone vendors that are enable to of stay out of the effect of the unfavourable market trends". "The Chinese players are reportedly sitting on further inventory as worldwide phone request has dropped," Android Authority announced on Tuesday.When it comes to Xiaomi, the vendor registered 23.5 per cent market share in India in the 3rd quarter this year, making it the highest phone player in the country with Samsung that too had 23.5 per cent market share, according to the IDC.