The global smartphone AP market grew 35 percent to $8.9 billion in the first quarter.
According to Strategy Analytics, 5G-connected AP shipments accounted for 53 per cent of the total smartphone APs shipped in the January-March period.
Despite momentum with Snapdragon flagship chips, Samsung Foundry lost share due to weak Exynos shipments.
“Qualcomm’s 4nm-based flagship AP Snapdragon 8 Gen 1 gained strong traction in Q1 2022. The company’s increased share in Samsung’s Galaxy S devices propelled its smartphone app processor (AP) revenue to an all-time high.” ,” said Shravan Kundojjala, Director of Handset Component Technologies Services.
Qualcomm with its premium and high-end 5G AP has been able to navigate China and macro concerns well, which are seeing high demand from Android smartphone makers.
Samsung’s Exynos AP shipments declined 40 percent in Q1 due to increased competition from Qualcomm on Samsung Mobile. However, the company showed signs of recovery with mid-range APs like the Exynos 1280, which powered the high-volume Galaxy A- series devices,” Kundojjala said.
Smartphone APs manufactured in 7 nm and below process nodes accounted for 48 percent of the total smartphone AP shipments in Q1.
“The demand for the low-end smartphone market is currently weak. We expect inventory digestion to take place in the second half of 2022 as vendors continue to ramp up their supply,” the report said.
New entrants Google and JLQ Technologies (a joint venture of Leadcore and Qualcomm) shipped less than a million APs in the first quarter of 2022. On the other hand, HiSilicon’s shipments declined to almost zero.
“MediaTek and Unisoc both posted an impressive performance in Q1 2022. MediaTek’s Dimension 9000 premium tier AP was off to a promising start, but shipments during the quarter were a little under 1 million,” Kundozzala said.
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