Strategy Analytics: Qualcomm and MediaTek Gained Share at the Expense of HiSilicon in Smartphone Apps Processors
The global smartphone applications processor (AP) market posted a double-digit year-on-year shipment and revenue growth in Q1 2021, according to Strategy Analytics' (News - Alert) Handset Component Technologies (HCT) service report.
The global smartphone AP market grew 21 percent year-on-year to $6.8 billion in Q1 2021. Strategy Analytics' research report "Smartphone Apps Processor Market Share Tracker Q1 2021: Qualcomm and MediaTek Capitalise on HiSilicon's Challenges" estimates that Qualcomm, MediaTek, Apple, Samsung (News - Alert) LSI and HiSilicon captured the top-five revenue share rankings in the smartphone applications processor (AP) market in Q1 2021.
Mr. Kundojjala continued, "Apple, Samsung LSI and Unisoc also saw shipment and revenue growth in Q1 2021. The growth momentum will continue through 2021, driven by an increased mix of 5G-attached APs and post-pandemic demand. Strategy Analytics, however, cautions that smartphone AP vendors need to maintain healthy average selling prices (ASPs) and optimise their cost structure in light of increasing chip development costs and foundry capacity constraints."
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