New Delhi: The global smartphone application processor (AP) market grew 17% to $ 8.3 billion in the third quarter (Q3) this year, with Qualcomm and MediaTek posting double-digit growth, according to a new report.
Qualcomm maintained its leadership in AP smartphones with a 34% revenue share, followed by Apple with 28% and MediaTek with 27%. Newcomer Google captured 0.1 percent of the shares.
MediaTek exited the first nine months of 2021 with a 26 million unit lead over Qualcomm, reports market research firm Strategy Analytics.
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MediaTek is on track to become the leading provider of smartphone access points in terms of units for the first time on an annual basis in 2021.
“Qualcomm, MediaTek, and Unisoc all saw solid double-digit growth in smartphone hotspot shipments and revenue in the third quarter of 2021. Qualcomm and MediaTek benefited from the forced release of HiSilicon while Unisoc benefited from the forced release of HiSilicon. recorded strong growth in its 3G and 4G AP shipments, ”said Sravan Kundojjala, Partner. Head of Handset Component Technologies at Strategy Analytics.
“We expect access point providers to focus more on 5G in 2022 to maximize their revenue and profit,” he added.
5G-connected AP shipments grew 82% year-over-year, leading to a 19% growth in overall average selling prices (ASP) of APs.
Qualcomm’s premium tier Snapdragon 888 / 888+ AP was the top-selling Android AP in the quarter.
“TSMC manufactured three-quarters of the total smartphone access points shipped in the third quarter of 2021, followed by Samsung Foundry,” the report said.
Smartphone access points made in processing technologies of 7nm and below accounted for 47% of total smartphone access point shipments in the third quarter of 2021, he added.
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