Core Insights - The global smartphone production is expected to decline by 1% in 2025, contrasting with a 4% growth in 2024, indicating a pessimistic market outlook [1] Industry Overview - The decline in smartphone production is attributed to the impact of tariffs and a general slowdown in industry development [1] - In 2024, China, India, and Vietnam together account for over 90% of the global smartphone production, with India showing the fastest growth rate [1]