Lenovo Smartphone Production Forecast to Reach 16.2 Million Unit

Coolpad Smartphone Production Stagnates at Low Levels; Q3 Mainta

Core Overview: The Marginalization Struggle of a Former Giant Coolpad's newly released smartphone production volume for the third quarter of 2021 was 150,000 units (150.0 K pcs), completely flat (0% QoQ) compared to the previous quarter (2021 Q2). When viewed over a longer cycle, this figure has plummeted by over 99% from the historical peak of 14.8 million units in the first quarter of 2014. Current production levels indicate that Coolpad has been thoroughly marginalized from the mainstream market, maintaining only very small-scale production activities; a so-called "bottoming out and rebounding" has not yet appeared in the data. Key Details: Stifled Capacity, Lacking Growth Momentum Observing the data details, since Coolpad's production volume fell below the 500,000-unit mark in 2019, it has hovered in the low range of 100,000 to 200,000 units for a long period. Production volumes for the first three quarters of 2021 were 100,000, 150,000, and 150,000 units respectively, showing an "L-shaped" flatline trend. Compared to the shipment volumes of tens of millions of units per quarter by top manufacturers in the Chinese market, Coolpad's current capacity scale does not even match that of a single niche model from a mainstream brand, showing that its supply chain influence and market presence have dropped to a freezing point. In-Depth Attribution: The Dilemma of Breaking Through Under Internal and External Pressure Market analysis and financial reports point to two main reasons for this sluggish performance. First is the solidification of the market competition landscape. According to Counterpoint Research data, the Chinese smartphone market fell by 9% annually in Q3 2021, and Honor's strong return captured a large portion of the low-to-mid-end market share, squeezing the space for Coolpad's attempt to enter the budget (100/1,000 RMB) market with the "Cool 20" series. Second, supply chain and capital pressures remain. Although Coolpad declared its return and secured capital support, in an environment of chip shortages (especially the shortage of 4G SoCs in 2021), it is extremely difficult for small manufacturers to secure enough components to expand capacity. Outlook and Risks: Transformation Pains and Survival Challenges Short-term (1-2 months): With the Q4 shopping season (Double 11) and the launch of new models (such as the Cool 20 Pro), production may see a slight seasonal rebound. However, given the lag in brand volume, it is expected to be difficult to break through the 300,000-unit bottleneck. Medium-term (3-6 months): Coolpad faces a transformation crossroads. If hardware sales cannot be significantly boosted, corporate strategy may need to shift more aggressively toward the software ecosystem (such as Linux kernel contributions, operating systems) or the then-emerging Web3 sector. Investors need to be aware of the risk of continuing losses and whether the hardware business will further shrink to a mere "OEM/rebadging" scale. Internet Search References https://vertexaisearch.cloud.google.com/grounding-api-redirect/AUZIYQEx7NRPTrcedJGttZt9_nyD5-KWyz7NN81_QU1rvKasScQ1UPGvTTVb0KPnuUmsVvRGURcRiu62-lHDp5I2DjQwp0r-TjZS0_cZoKcENGB7JsXuh8GZa_L1Pm0y7w== https://vertexaisearch.cloud.google.com/grounding-api-redirect/AUZIYQFVrny0-dbp1uCVmg78QEFTkoCuBRft-b27y6ZT9iIDGX1IDbL5w8DSoQH9o1YbHT61xAk1saYZVkYbWJ08_y_K78OPzctdpOfTZUKpARPVj6PDzOxrH9HlrV3r57taO1-KpAx8KwV0PJfrpIhrxsRqQUwKU0ULFWX4geMWZl4Rt6_oLYmesboJ https://vertexaisearch.cloud.google.com/grounding-api-redirect/AUZIYQF-8WoSKBSH2M2KeC26XO7IVViS6foHJEPHONsaWaoAfC_AKw6LY2QBmys7cNvDKKy4rPSHv6cCNoiebCarm956rccQKiMk-MYGuCGjL1EO6PYqb2CUugz_