MediaTek has seen a sizeable growth in the smartphone chip market in recent months. Now, a new report has revealed that the company has managed to capture a record 43 percent market share for its AP (application processor)/ SoC (System on Chip) shipments for smartphones.
As per a Counterpoint Research report, the Taiwanese chipmaker’s SoC and AP shipments grew by a robust 31 percent year on year in the second quarter of this year. The growth arrives due to the explosive growth of shipments for 5G enabled smartphones over the same period last year. Thus, the company held a dominating 43 percent market share for SoCs in Q2 2021, with its LTE chips also seeing high shipments.
Meanwhile, Qualcomm was affected by the component supply issues and lower yields. However, it still managed to dominate the 5G baseband modem shipments with a 55 percent market share. Furthermore, the brand has also realigned its component sourcing strategy that should help boost its supply and overall earnings. Samsung, on the other hand, only managed to seize 10 percent of the 5G baseband shipment market share and also slipped into the fifth position with a 7 percent share for total SoC shipments falling behind Apple and UNISOC that held 14 and 9 percent market shares respectively.
Research Director Dale Gai stated that “MediaTek dominated the smartphone SoC market with its highest ever share of 43%, driven by a competitive 5G portfolio in the low mid segment and without major supply constraints. Relative to Qualcomm, MediaTek benefited from less supply constraints in the first half of 2021, including with RFICs (radio frequency integrated circuits), power management ICs (PMIC), and stable production yields from TSMC. 4G SoC shipments further helped MediaTek to strengthen its leading position.”
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