Tuesday, November 28, 2023

Strategy Analytics: Apple tops smartphone apps processor revenue

French authorities have approved an Apple software update for the iPhone 12, reports Reuters. 

The smartphone apps processor (AP) market posted an all-time-high revenue in quarter three of 2020, driven by increased mix of 5G APs, according to Strategy Analytics. And Apple led in AP generated revenue.

A smartphone AP is a chip used for the primary application processing in contrast with the chips that handle functions such as the display, wireless communications and power management. The global smartphone AP market grew 32% in revenue terms to $7.4 billion in the quarter, according to Strategy Analytics. Apple, Qualcomm, MediaTek, HiSilicon, and Samsung LSI captured the top-five revenue share spots in the global smartphone applications processor (AP) market.

The smartphone maker led the smartphone AP market with a 31% revenue share, followed by Qualcomm with 21% and MediaTek with 19%. Smartphone AP market posted all-time-high revenue in the third quarter of 2020, driven by increased mix of 5G APs. And smartphone APs with on-device artificial intelligence (AI) grew 28% during the time period.

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.