The global smartphone AP (Application Processor)/SoC (System on Chip) chipset shipments grew 6% YoY in Q3 2021. 5G smartphone SoC shipments grew almost two times compared to the same period a year ago. MediaTek leads the smartphone SoC market with share of 40%, driven by a competitive 5G SoC and high demand for the 4G SoC.

Apple maintained its third position in the smartphone SoC market in Q3 2021 with a 15% share. With the launch iPhone 13 and festive season share will grow further in Q4 2021. However, negative effect due to component shortages will affecting their festive season sales.

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To learn about Qualcomm and other players, read the full Counterpoint report.