Site icon MacTech.com

5G powers smartphone apps processor revenue growth in Q1 2020

Despite the impact of the COVID-19 pandemic, the global smartphone applications processor (AP) market grew 6% in revenue terms to $4.7 billion in quarter one of 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report, “Smartphone Apps Processor Market Share Tracker Q1 2020: Revenue up 6 Percent Despite Covid-19.”

According to this research report from Strategy Analytics, Qualcomm, HiSilicon, Apple, Samsung LSI and MediaTek captured the top-five revenue share spots in the global smartphone applications processor (AP) market in quarter one of 2020. Qualcomm maintained its lead of the smartphone AP market with a 40% revenue share, followed by HiSilicon with 20%, and Apple with 15%.

“Qualcomm’s 5G-centric flagship smartphone AP Snapdragon 865 and its 5G SoCs Snapdragon 765/G were off to a great start and featured in multiple high volume smartphones from top smartphone manufacturers,” Sravan Kundojjala, associate director at Strategy Analytics, commented. “Strategy Analytics estimates that 5G-attached APs accounted for over 20 percent of Qualcomm’s total smartphone AP shipments in Q1 2020. Qualcomm, however, faced stiff competition in both 4G and 5G smartphones in Q1 2020.

Exit mobile version