Global Smartphone Application Processor (AP) SoC Market Share in Q4 2023
The chipset is a critical component for smartphones, constituting a billion-dollar market with a total value of $47 billion, which is increasing day by day. A few companies control the entire market, with MediaTek holding the largest share. In 2023, MediaTek shipped the most AP SoCs. Here, we present only the Q4 2023 market share details and discuss growth and decline.
Brands | Q4 2023 |
|---|---|
MediaTek | 36% |
Qualcomm | 24% |
Apple | 20% |
UNISOC | 13% |
Samsung | 5% |
HiSilicon (Huawei) | 1% |
Others | 1% |
Lets discuss about growth and decline:
- Apple: Apple witnessed a surge in shipments during Q4 2023, fueled by the introduction of the iPhone 15 and iPhone 15 Pro series.
- MediaTek: Q4 was robust for MediaTek, as smartphone OEMs restocked inventory. Rising demand for 5G and 4G SoCs, coupled with the successful rollout of Dimensity 9300, the company’s third-generation flagship SoC, bolstered growth.
- Qualcomm: Qualcomm experienced a shipment uptick in Q4 2023, buoyed by restocking activities and securing design wins for flagship chipsets Snapdragon 8 Gen 3 and 8 Gen 2 from Chinese smartphone OEMs.
- Samsung: Samsung’s Q4 2023 shipments saw a marginal increase, attributed to the launch of Exynos 2400 alongside the Galaxy S24. Additionally, the debut of the Samsung Galaxy M14 series with Exynos 1330 and the Galaxy A54 series with Exynos 1380 contributed to overall shipment volumes.
- UNISOC: UNISOC observed a shipment upswing in Q4 2023. With recent management changes and a heightened focus on the 5G market, we anticipate UNISOC gaining traction in the entry-level 5G segment by H2 2024.