MediaTek took its place at the top, selling more than 100 million smartphone chipsets in the last quarter.MediaTek has become the world’s largest smartphone chipset vendor, surpassing Qualcomm in terms of market share.
According to a recent report, more than 100 million smartphones containing MediaTek chipsets were sold in Q3 2020. These reports point to an increase of approximately 5% compared to the previous year’s sales.
The company’s success has been announced by research company Counterpoint. MediaTek topped with a 31% market share against Qualcomm’s 29% market share, according to data on Counterpoint. According to Dale Gai, research director of Counterpoint, the main factor in MediaTek’s rapid growth is the sanctions imposed by the USA against Huawei.
In addition to all these, Qualcomm is still the first choice for 5G variant phones. The company supports 39% of 5G smartphones sold worldwide. In this respect, Qualcomm has the distinction of being the largest 5G chipset vendor in the third quarter of 2020.
In addition, the demand for 5G phones has doubled in the third quarter of 2020, according to the published report. Further growth can also be expected, especially with Apple’s iPhone 12 series. In addition, one third of all smartphones shipped in the fourth quarter of 2020 are expected to be 5G-enabled. This expectation is important for Qualcomm to maintain its top position in the next quarter.
Finally, let’s say that with the proliferation of 5G-enabled smartphones, we expect chipmaking companies to compete in this field.