Samsung overtakes Apple and becomes the world's third-largest mobile chipmaker
For many consumers, Samsung is a big brand when it comes to smartphones, maybe TVs and various home appliances as well. However, Samsung is also a huge name in many other markets, since it manufactures huge amounts of display panels, camera sensors, flash memory chips, and mobile processors. When it comes to mobile processors, a recent report revealed that the South Korean tech giant has just managed to beat Apple.
According to the latest smartphone SoC report by Counterpoint Research (quoted by SamMobile and only available for clients), the global mobile AP market in 2019 has shifted enough to see Samsung capture the third position from Apple by a minor margin. The US-based company got a market share of 13.1 percent, while its competitor headquartered in South Korea managed to grab 14.1 percent. Both are way behind the market leader Qualcomm (33.4 percent) and MediaTek (24.6 percent).
Samsung's growth can be attributed to its increasing sales in both India and the US in a tough market where the only other top-five smartphone SoC brand that managed to go up in 2019 was Huawei. Given the ongoing COVID-19 pandemic, there is no doubt that everyone's sales will drop this year. Unfortunately, nobody can predict yet how bad this sector will be hit.