Qualcomm, MediaTek and Unisoc post robust growth in smartphone apps processors - IoT global network

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Qualcomm, MediaTek and Unisoc post robust growth in smartphone apps processors

December 23, 2021

Posted by: Anasia D'mello

The global smartphone applications processor (AP) market grew 17% to $8.3 billion (€7.34 billion) in Q3 2021, according to Strategy Analytics‘ Handset Component Technologies (HCT) service report.

Strategy Analytics’ research report “Smartphone Apps Processor Market Share Tracker Q3 2021: Qualcomm, MediaTek and Unisoc Post Double-digit Shipment Growth” estimates that Qualcomm , Apple, MediaTek , Samsung LSI and Unisoc captured the top-five revenue share rankings in the smartphone applications processor (AP) market in Q3 2021.

Sravan Kundojjala, author of the report and Associate Directorof Handset Component Technologies service at Strategy Analytics, comments, “Qualcomm, MediaTek and Unisoc all posted solid double-digit shipment and revenue growth in smartphone APs in Q3 2021. Qualcomm and MediaTek benefited from HiSilicon’s forced exit while Unisoc saw strong growth in its 3G and 4G AP shipments. Strategy Analytics believes that 4G AP foundry capacity continues to be tight. We expect AP vendors to focus more on 5G in 2022 to maximise their revenue and profit.”

Mr. Kundojjala continues, “HiSilicon, hit by trade sanctions, saw its smartphone AP shipments decline 96% in Q3 2021. On the other hand, Samsung LSI posted a 12% decline in its AP shipments. Google, a new entrant, captured a 0.1% unit share with its Pixel Tensor AP. Strategy Analytics believes that Google needs to acquire 5G modem technology to strengthen its cost competitiveness in the smartphone AP market.”

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