Strategy Analytics: 5G Drives Smartphone Application Processor Revenue Growth in Q1 2020

According to the latest research report released by Strategy Analytics’ Mobile Phone Component Technology (HCT) service, the global smartphone application processor (AP) market revenue in Q1 2020 increased by 6% to US$4.7 billion despite the epidemic.

The report pointed out that Qualcomm, HiSilicon, Apple, Samsung LSI and MediaTek occupied the top five in the global smartphone application processor (AP) market revenue share in Q1 2020. Qualcomm maintained its lead with a 40% revenue share, followed by HiSilicon (20%) and Apple (15%).

Sravan Kundojjala, Associate Director at Strategy Analytics, said: “Qualcomm is off to a good start with the Snapdragon 865, its flagship 5G-centric smartphone applications processor and its 5G SoCs, the Snapdragon 765/G, which are appearing in top smartphone manufacturing. Among the many high-volume smartphones launched by manufacturers. Strategy Analytics estimates that in Q1 2020, 5G smartphone application processors accounted for more than 20% of Qualcomm’s total smartphone application processor shipments. However, Qualcomm in the quarter Facing stiff competition from 4G and 5G smartphones.”

Stuart Robinson, Executive Director of Strategy Analytics’ Mobile Component Technology Service, added: “Despite the decline in smartphone shipments during the COVID-19 pandemic, the smartphone application processor market has been driven by higher average selling prices for 5G applications processors in terms of revenue. However, it has shown significant growth. Many of the 4G flagship application processor market has now moved to 5G, but 4G continues to perform well in the mid-range and low-end. Strategy Analytics believes that almost all major application processor vendors have now The focus shifts to 5G, where 5G smartphone application processors will drive earnings growth in the second half of 2020.”