Overview:
MediaTek dominated the smartphone SoC market in Q2 2024 with a 34% share. Its shipments declined sequentially in Q2 2024, with LTE chipsets seeing a big drop. In MediaTek’s portfolio, 5G penetration in the low-price smartphone segment is growing, which should lead to market share gains for the company, driven by its relative strength in entry-level 5G chipsets. Qualcomm captured a 30% share of the smartphone AP/SoC market during the quarter, driven by growth in the premium and mid-price segments. The demand for the Snapdragon 8 Gen 3 remained strong, supported by the launch of the Samsung Galaxy Fold/Flip 6 series. Besides, design wins for the Snapdragon 8 Gen 2 chipsets from Chinese smartphone OEMs contributed to this growth.
Published Date: November 2024
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Category
Industry
Semiconductors
Service
Report Type
Report
Time period
Quarterly
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Team Counterpoint
Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customer
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