Xiaomi, Oppo, Vivo cut 2026 smartphone shipment targets by up to 30% amid rising costs and component shortages
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Staff Writer
Summary
Major Chinese smartphone makers Xiaomi, Oppo, and Vivo have informed suppliers of further shipment target cuts for 2026, with some brands reducing outlooks by up to 30%. The cuts are driven by rising costs and unprecedented component shortages that continue to pressure the market, according to sources briefed on the matter.
Source

Key quotes
· 2 pulledMajor Chinese smartphone makers including Xiaomi, Oppo and Vivo have told suppliers they will again cut shipment targets for this year -- some by up to 30%
Rising costs and unprecedented component shortages continue to weigh heavily on the market
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