Smartphone prices expected to drop sharply

Ming-Chi Kuo said that smartphone manufacturers are facing excessively high inventories due to weak demand for mobile devices, which has become a real problem. The analyst believes this will lead to a significant drop in supply and will also have a negative impact on the sellers' share price. This will force manufacturers to declare a "price war" and cause smartphone prices in the market to fall to increase customer interest. “For users, this means they can buy smartphones at more affordable prices,” Kuo said.

While the stock accumulation problem is expected to become more evident in the next 6-9 months, it is stated that the same situation applies to the iPhone, where a decrease was recorded in new model orders. It is a mystery whether the possible discounts will be reflected on the smartphone models sold in our country or how much.