Qualcomm, MediaTek gain big in smartphone application chip market

Qualcomm led the smartphone application processor (AP) market with a 40 per cent revenue share in the first quarter this year, followed by MediaTek with 26 per cent and Apple with 20 per cent, a new report has showed.

The global smartphone applications processor (AP) market posted a double-digit year-on-year shipment and revenue growth in Q1 2021, according to a report by market research firm Strategy Analytics.

The global smartphone AP market grew 21 per cent year-on-year to $6.8 billion in Q1 2021.

5G APs accounted for 41 per cent of total smartphone APs shipped in the first quarter.

“The trade war reshaped the global smartphone AP market in Q1 2021. Both Qualcomm and MediaTek made the most of HiSilicon’s forced exit from the smartphone AP market due to trade restrictions,”