Thursday, February 29, 2024

Apple is second biggest vendor in the SoC smartphone chipset market

Driven by the global premium and mid-tier 5G portfolio, global smartphone AP (Application Processor)/SoC (System on Chip) chipset and baseband revenues grew 23% year-over-year in the first quarter of  2022, according to Counterpoint Research

“Qualcomm leads the smartphone AP/SoC and baseband revenues with 44% share. The revenue reached $6.3 billion for Qualcomm, growing 56% year-over-year in Q1 2022, driven by the higher premium mix which has led to growth in the ASPs [average sale prices]. Qualcomm also provides the discrete baseband shipments to Apple and Qualcomm’s own AP’s, which contribute to around a quarter of Qualcomm’s smartphone AP/SoC and baseband revenues.”

With consistent healthy demand for the premium iPhone 13 series, Apple captured the second position with a 26% share, according to Counterpoint Research. Apple uses Qualcomm’s discrete basebands for 5G connectivity in the iPhone 12 and iPhone 13 series.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.