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Zepp Health Stuck In Rut As Global Chip Shortage, Covid Weigh

Jan. 06, 2022 7:00 AM ETZepp Health Corporation (ZEPP)2 Comments
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  • Zepp Health has cut its fourth-quarter revenue guidance, sending its shares to near all-time lows, as its shipments fall due to overreliance on Xiaomi relationship.
  • Global chip shortage and fresh Covid restrictions are also weighing on company as it tries to gain share in the crowded global smartwatch space.
  • Zepp stands to win big if it can secure a chunk of the global smartwatch market, which Mordor Intelligence has forecast will register compound annual growth of almost 22% through 2026.

Close up of hand touching smartwatch with health app on the screen, gadget for fitness active lifestyle.

Sitthiphong/iStock via Getty Images

Smart wearables maker cuts fourth-quarter revenue guidance, but expects to stay profitable, as competition intensifies.

Smart wearable device maker Zepp Health’s (NYSE:ZEPP) efforts to carve out a niche in the crowded global smartwatch

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