Mobile Processor Market Grew by 6 Percent

The coronavirus outbreak caused smartphone sales to show a downward trend all over the world. However global mobile processor market, in the first quarter of 2020 6 percent growth It has reached a volume of 4.7 billion dollars. 

According to the report published by Strategy Analytics, Qualcomm, HiSilicon, Apple, Samsung LSI and MediaTek are at the top of the mobile processor market. Qualcomm, 40 percent market share While owning the lion's share with; HiSilicon 20 percent, Apple whereas 15 percent has market share.

Qualcomm holds 6 percent of the mobile processor market

Sravan Kundojjala, director of Strategy Analytics, said that despite a noticeable decline in smartphone sales due to COVID-19, Qualcomm has a built-in 5G modem. Snapdragon 865 And Snapdragon 765G He stated that it continues to increase its revenues with its processors.

Stuart Robinson, director of Strategy Analytics' Telephone Component Technologies service, said the revenue increase was particularly Saying goodbye to 4G in the flagship segment and mostly attributed to the transition to 5G. Companies now prefer 5G supported processors in their flagships, and this increases average processor prices. Robinson predicts that revenue growth in the processor market will continue in the second half of the year.