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. "T...