Smartphone APs Grew 25% to $25B in 2020, Says SA

The smartphone applications processor market had revenue growth last year for the first time since 2016, advancing 25% year on year to $25 billion, said Strategy Analytics Thursday. Qualcomm (31% share), Apple (23%) and HiSilicon (18%) led the dynamic market, said SA. 5G AP shipments were a quarter of smartphone AP units. On-device AI engines crossed 900 million shipments in 2020 and will be in 71% of smartphones sold globally this year, SA said (see 2103100006).