Chipmaker MediaTek has been named the most popular SoC vendor at the end of 2023. The company is reputed for manufacturing the fastest smartphone processor ever produced. The MediaTek Dimensity 9300 and other MediaTek offerings are the dominant chipsets in the smartphone market currently.
A new report by Canalys highlights the evolution of MediaTek as the SoC vendor of choice in 2023. The report stated that MediaTek sold 117 million units of chipsets in the fourth quarter of 2023 compared to Apple’s 78 million and Qualcomm’s 69 million. Other big players in the smartphone SoC market are Google, Samsung, and Unisoc. Smartphone shipments by MediaTek within the year also grew by 21% year-on-year (YoY) to $23 billion. However, Apple’s $87 billion in shipments revenue eclipsed that of MediaTek. Qualcomm also outperformed MediaTek with shipments worth $30 billion in 2023.
The Canalys report indicates that Qualcomm’s SoC shipment revenue shrank by 2% from the previous year (2022). Samsung’s earnings from its Exynos chips declined by 44% and it seemed apparent that it could have fared better with chips from other brands during Q4 2023. This was equivalent to about 40% of Qualcomm’s returns and 25% of MediaTek’s numbers for the quarter. The report also indicates that Xiaomi was the major buyer of Qualcomm chipsets at 25%. Xiaomi also accounted for about 20% of MediaTek chipsets shipments in Q4 2023 but Samsung was the biggest customer for the vendor.
Huawei hit the market with a bang in 2023 according to the Canalys report. The Chinese OEM recorded a 5,121% improvement with 7 million units shipped and revenue of $7 billion. Huawei’s resurgence is driven mainly by its new Kirin SoCs. Another strong performer with a potential for improved growth was Unisoc. Its revenues grew by 24% YoY at $3 billion and shipments were 27 million units. The major customers of Unisoc were the Transsion brands, as well as Realme and Lenovo. The report indicated that Google seemingly performed poorly in terms of Soc shipments with revenue estimated at $2 billion and 3 million units moved. This may not be unconnected with the nature of its Tensor chipsets which are produced exclusively for Pixel phones.
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