Infographic: Global Smartphone AP Market Share | Q4 2023

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Mar 27, 2024

Global Smartphone AP Market Share by Shipments

MediaTek dominated the smartphone SoC market in Q4 2023 with a share of 36%. MediaTek had a strong fourth quarter with inventory restocking by smartphone OEMs. Growing demand for 5G and 4G SoCs and the successful ramp-up of the company’s third-generation flagship SoC, the Dimensity 9300, contributed to the growth. Qualcomm captured a 23% share in the smartphone AP/SoC market during the quarter. Qualcomm's shipments increased in Q4 2023 due to restocking by smartphone OEMs and design wins for flagship chipsets Snapdragon 8 Gen 3 and Snapdragon 8 Gen 2 from Chinese smartphone OEMs.

Global Smartphone AP Market Share by Revenue

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Category

Industry

Semiconductors & Other Components

Report Type

Report

Time period

Quarterly

Author

Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.