Taiwan’s communications sector output forecast to fall 4% in 2017
Jun 01, 2017LegalComments Off on Taiwan’s communications sector output forecast to fall 4% in 2017
Taipei--The production value of Taiwan's communications sector is expected to fall by an annual 4 percent in 2017, a local research group said Thursday.
The Market Intelligence & Consulting Institute (MIC), a market research division of the Taipei-based Institute for Information Industry, forecast that the output of the local communications sector will decline to NT$2.96 trillion (US$98.29 billion) in 2017, with smartphones and other mobile devices accounting for 64 percent of the total output.
Taiwan's smartphone shipments will total 330 million units this year, down by an annual 6.9 percent, while its smartphone production value will be around NT$1.9 trillion, a drop of 6.7 percent from 2016, the MIC predicted.
Taiwan shipped around 72 million smartphones during the first quarter of 2017, a sharp decline of 35.5 percent from the previous quarter, mostly because of lower-than-expected shipments of Apple Inc.'s iPhone 7 and because Taiwanese smartphone brands did not launch any new flagship models, the MIC said.
Meanwhile, the shipments and output value of Taiwan's wireless communications sector are expected to grow by 6.1 percent and 0.8 percent, respectively, in 2017, due to increasing demand for mesh Wi-Fi devices and the Internet of Things, and the expected release of new iPhone models, the institute said.
As for the production value of Taiwan's set-top box sector, the MIC said it was NT$145.5 billion last year and is likely to fall 5.1 percent to NT$138.1 billion this year, as there will be more shipments of low-cost models.