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MediaTek named as most popular smartphone SoC vendor at end of 2023

MediaTek chipsets lead the pack. (Source: MediaTek)
MediaTek chipsets lead the pack. (Source: MediaTek)
Of all companies currently in the smartphone chipset game (which include Apple, Google and Unisoc), MediaTek was found to have shipped the most units in the last quarter of 2023 (4Q2023) and to have had one of the best rates of year-on-year (YoY) growth, with rivals such as Qualcomm and Samsung flat or flagging by comparison. Then again, the Taiwanese OEM was not the one that made the most money in that time.

MediaTek is currently accounted to have the fastest smartphone processor on Earth; now, it also dominates the market with the Dimensity 9300 and all of its siblings, according to a new Canalys report. It concludes that the OEM moved 117 million units in 4Q2023, compared to 78 million for Apple and Qualcomm's 69 million.

MediaTek's shipments also grew by 21% YoY, while its revenues grew by 22% YoY to $23 billion. Then again, it was still overshadowed in terms of the latter by Apple at $87 billion by the end of 2023. Qualcomm also did better at $30 billion, although its growth shrank by 2% year-on-year.

Samsung's earnings from its Exynos brand dropped sharply by 44% YoY, and it was apparent that it would have rather used chips from other brands during 4Q2023, accounting for 40% of Qualcomm's takings and 25% of MediaTek's for the quarter.

Then again, the smartphone maker who actually bought the most Qualcomm chipsets in 4Q2023 was Xiaomi, at 25% of all shipments (and 20% for MediaTek, although its biggest customer was, again, Samsung at 22%, followed by Xiaomi (20%), Vivo (14%) and OPPO (13%).

Unisoc was a rising star in this report with revenues and shipments that grew by 24% YoY (albeit to $3 billion and 27 million respectively). Most of its business was accounted for by the Transsion brands, however, with Realme and Lenovo bringing up the rear for their ostensibly budget smartphones of 4Q2023. 

Google seemed to be doing worse with shipments and takings of 3 million and $2 billion respectively; then again, its Tensor chips are Pixel-series exclusives (although that might not say a lot for the new 8 series' market share). 

Finally, while Huawei might seem to be back with a whopping 5,121% YoY growth, that figure is for just 7 million units shipped worldwide compared to practically nothing over the last few years. It has apparently made $7 billion (or 24,471% more YoY) on those new Kirin chips, at least. 

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Canalys' new smartphone SoC market infographic. (Source: Canalys)
Canalys' new smartphone SoC market infographic. (Source: Canalys)
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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2024 03 > MediaTek named as most popular smartphone SoC vendor at end of 2023
Deirdre O'Donnell, 2024-03- 5 (Update: 2024-03- 5)