Qualcomm Rode 5G to Top Q2 Share in Smartphone Apps Processors: SA

Q2 was the sixth straight quarter of double-digit year-over-year revenue growth in the smartphone apps processor market, reported Strategy Analytics Thursday. SA estimates the market grew 18% in Q2 to $7 billion. Qualcomm had the top revenue share with 36%, followed by MediaTek (29%) and Apple (21%), and Samsung and Unisoc rounded out the top five. Qualcomm's revenue growth outpaced its unit-shipments growth, “driven by a high mix of 5G,” said analyst Sravan Kundojjala. Amid the global semiconductor shortages, Qualcomm shifted its focus to “premium and high tier” processors “to make the best use of available capacity,” he said.