Strategy Analytics reports that the global smartphone processor market posted a record high in Q3 2020 despite the pandemic and challenging economic environment.
Revenue for the three-month period was $ 7.4 billion, a third (32%) increase compared to the result for the third quarter of 2019. Moreover, such a high indicator has not been recorded in the entire history of statistics collection.
Analysts point out that the rapid growth is due to the rapid development of the 5G smartphone segment: the cost of chips for such devices is significantly higher than the price of products with 4G / LTE support.
Apple took the first place in the ranking of the largest players in the smartphone processor market with a share of 31% in monetary terms. In other words, the Yabloko company occupied almost a third of the world market.
Qualcomm is in second place with a result of 21%, and MediaTek closes the top three with 19%. In addition, the top five include Huawei HiSilicon and Samsung LSI.
Analysts also note that by the end of the last quarter of 2020, Qualcomm is likely to regain the palm.
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