MediaTek surpassed Qualcomm to become the number one smartphone chipset vendor in Q3 2020 for the first time, said Counterpoint Research. The report said that over 100 mn smartphones sold across the globe during the period had MediaTek chipsets. This takes MediaTek’s market share in smartphone chipsets to 31% up from 26% YoY. On the other hand, Qualcomm’s market share fell to 29% from 31%, a year ago.
Realme on Monday announced the quarterly results for H1 2020; reported 11% growth in Q2, becoming one of the few companies to have witnessed double-digit growth, amid the pandemic. Realme, as per Counterpoint report, is one of the two brands to register positive growth in Q1 2020. It witnessed a 157% y-o-y increase, the report added. The company changed its brand strategy in 2020 by including AIoT devices in its portfolio, helping it to meet H1 2020 targets.