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MediaTek is the leader, Qualcomm is the second
MediaTek achieved a 31% market share in the smartphone application processor market in the first quarter of 2023. Compared to the previous quarter, the company experienced a decrease in both quantity and market share. For the second quarter of 2023, the company is forecasting more than 5% decline in LTE processor shipments and less than 5% growth in 5G processor shipments.
Apple third
Qualcomm ranks second with 28% market share in the first quarter of 2023. Apple is right behind it with a 26% market share. Samsung saw a slight increase in shipments in the first quarter of 2023 as it launched processors that cater to both high-end and low-end market segments. Huawei Hisilicon has a market share of less than 1%.