In a stunning new development, Taiwan based Mediatek has completely beaten Qualcomm to turn into world’s #1 chipset producer, for Q3, 2020.
Mediatek Becomes World’s 1 Chipset Maker
For Q3 of 2020, Taiwan based Mediatek got 31% market share in the cell phone processor market, consequently turning out to be #1 organization in this area.
Along these lines, Mediatek has overwhelmed Qualcomm, which was world’s #1 chipset creator till now.
Qualcomm produces the well known Snapdragon arrangement of processors, and had kept up their lead till now, which has now been broken by Mediatek.
As of Q3, of 2020, Mediatek is leading the race with 31% market share, while Qualcomm has slipped to #2 situation with 29% market share.
HiSiicon, Samsung and Apple secured 3rd position with 12% market share each.
How did Mediatek done this?
According to the research done by CounterPoint research, it has been uncovered that Mediatek caught the lucrative budget and mid-budget cell phone segment, which are given between $150 to $200, and this changed their game.
For this segment of smartphones, India and China are the greatest markets, and Mediatek spread their strength in these two nations, which assisted them with turning into world’s #1 chipset merchant.
The restriction on Huawei’s smartphones by the US likewise helped Mediatek, though they shut some serious deals with Samsung, Xiaomi and Honor which caused them.
Clarifying the explanations for Mediatek’s abrupt ascent, CounterPoint’s Research Director Dale Gai stated, “MediaTek’s solid market share pick up in Q3 2020 occurred because of three reasons – solid execution in the mid-end cell phone value segment ($100-$250) and developing markets like LATAM and MEA, the US restriction on Huawei lastly wins in leading OEMs like Samsung, Xiaomi, and Honor,”
In the 5G cell phone market, Qualcomm is #1 chipset organization with huge 39% market share.