Micron is stepping up expansions of its production capacity, with plans to install EUV tools at its Taiwan fabs in 2024. In China, smartphone shipments to the domestic market slipped 5.4% in September, with local brands accounting for over 90% of the shipments. And supply side issues, such as component shortages, may hinder 5G smartphone shipment growth globally in 2022.

Micron to install EUV equipment at Taiwan fabs in 2024: Micron Technology has plans to install EUV lithography tools at its Taiwan-based fabs in 2024, said Manish Bhatia, executive VP of global operations for the US memory chip vendor, at an online press event held October 21.

China smartphone shipments fall 5% in September: Smartphone sales in the China market slipped 5.4% sequentially to 20.81 million units in September 2021, with non-Chinese brands accounting for less than 6% of the sales, indicating iPhone 13 series launched in mid-September had yet to show notable sales momentum in the market.

Supply-side factors may constrain 5G smartphone shipment growth in 2022: Supply-side factors, including particulary shortages of power management IC (PMIC) and other components as well as power cuts in China, are very likely to constrain the overall 5G smartphone shipment growth in 2022 after affecting global smartphone sales in the third quarter of 2021, according to industry observers.