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Global smartphone applications chip market grows 23% in 2021: Report

Global smartphone applications chip market grows 23% in 2021: Report

<p>The global smartphone applications processor market, according to a new estimate, rose 23% to $30.8B in 2021, despite the extreme demand-supply gap. Qualcomm maintained its smartphone AP leadership with a 38% revenue share, followed by MediaTek and Apple with 26% apiece. HiSilicon and Samsung LSI lost market share, while Apple, MediaTek, Qualcomm, and Unisoc gained. MediaTek gained volume share by capitalising on Qualcomm&#39;s defocus on mid and low-tier 4G LTE APs.</p>

Read full story at Business Standard
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