MediaTek has surpassed Qualcomm as the leading smartphone chip manufacturer.

MediaTek has surpassed Qualcomm as the leading smartphone chip manufacturer.

According to a new research released on Thursday, global smartphone SoC (system on chip) shipments increased 6% year over year in Q3 2021, with MediaTek emerging as the leader with a 40% share, owing to a competitive 5G SoC as well as significant demand for the 4G SoC.

MediaTek’s revenues increased sequentially as the proportion of mid- and high-end SoC portfolios expanded, according to Counterpoint. Due to the debut of flagship devices in Q1 2022 and an increase in chipset pricing beginning in Q4 2021, the blended ASP will continue to rise.

Due to persistent shortages, which have harmed 4G SoCs more, 4G chipsets have remained in high demand.

Due to dual sourcing from foundries, Qualcomm gained by 9% sequentially. It had a 62 percent share of the 5G baseband modem market. In Q4 2021, the updated Snapdragon 7, 6, and 4 series will help it win even more market share.

“In Q3 2021, Qualcomm’s smartphone SoC shipments increased both QoQ and YoY. Qualcomm’s ability to dual-source manufacture of essential components, such as the Snapdragon 800 series SoCs and its premium 5G modem, was critical to its revenue growth. Qualcomm held a 62 percent share in the 5G baseband market “In a statement, Parv Sharma, Research Analyst, said.

With a 15% market share in Q3 2021, Apple remained in third place in the smartphone SoC market. With the release of the iPhone 13 and the upcoming holiday season, its market share will increase even more in Q4 2021. However, component shortages will have an impact on the company’s holiday season sales.