MediaTek will maintain lead in the global smartphone chip market this year predicts Counterpoint

by Ashish

The research organization Counterpoint recently made a forecast on the smartphone chip market in 2021. The report shows that MediaTek will continue to maintain its leading position in the smartphone SoC chip market this year, accounting for 37% of the market.

Qualcomm of the United States has been entrusting Samsung Electronics to carry out chip foundry. Due to the suspension of production at the Austin, Texas plant, its output will decrease, providing opportunities for MediaTek.

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Research results show that Qualcomm chips accounted for 28% in 2020, and it will increase to 31% in 2021. In addition, Huawei’s HiSilicon has a 10% market share in 2020, but by this year, HiSilicon’s chip market will account for less than 10%.

For 5G mobile phones, Counterpoint predicts that Apple, Qualcomm, and MediaTek will have very similar market shares, with Qualcomm accounting for the highest proportion, which will reach 30%.

Analysts pointed out that once Qualcomm’s foundry capacity increases, it will gain a leading market position in the second half of 2021. In the competition of 5G mobile phones, except for these three companies, the competitiveness of other manufacturers is very weak.

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