Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
News & Views
The Drill Bit
The Future
Trade & Demand


Consumer battery demand weakening

Posted on - 12 Dec 2021

Category - Data update

The situation looks a bit ropey for small battery demand with Chinese output of portable electronic devices (power tools) continuing to weaken in October, although mobile phone output growth may have put in a trough in October. Nevertheless, with Chinese retail sales growth also on a declining trend, the outlook for consumer batteries remains tough. Q3/21 was a tough quarter for global smartphone sales, which were down 8% y/y according to Gartner. Wearables, which has been one of the few bright spots for consumer products batteries, is also showing signs of slowing. Global shipments were up only 11% y/y in...

Login to read full article


Batteries China Consumer Mobile Phones Wearables