According to the report, Qualcomm misplaced 4% share yr over yr, closing at 29% in Q2 2020 as in comparison with 23% in Q2 2019. On the opposite hand, MediaTek noticed its market share improve yr over yr. The firm has a market share of 26% in Q2 2020 as in comparison with 24% in Q2 2019, closing in on Qualcomm’s lead.
Qualcomm’s lack of market share was primarily resulting from US restrictions on Huawei. Post these restrictions, Huawei began utilizing HiSilicon chips in its smartphones. With Huawei’s market share in China rising, Qualcomm’s chip shipments took a big hit on the earth’s largest smartphone market. “Qualcomm’s share in Huawei (including HONOR) smartphones declined from 12% in Q2 2019 to 3% in Q2 2020,” stated Neil Shah, VP of analysis at Counterpoint Research.
However, Shah additionally added that “5G smartphone sales more than doubled (+126%) in Q2 2020 from just a quarter ago. This trend will try to offset the overall decline in the first half and fuel the growth back in 2021. This will also create significant opportunities for AP suppliers to increase the share of semiconductor content even if the overall market volumes remain lower this year. Furthermore, the restrictions on Huawei will drive the growth for Qualcomm, MediaTek and Unisoc.”
The report additionally reveals the yr over yr change in market share by area. As you may see from the chart under, MediaTek has made important features the world over, with Qualcomm dropping market share in North America, Latin America, and China. MediaTek, however, noticed progress in North America, Latin America, Europe, Middle East, and India.
Rounding off the highest six are HiSilicon with 16% market share, Apple and Samsung with 13% market share every, and Unisoc with 4% market share in Q2 2020.
Featured picture courtesy: Counterpoint Research