MediaTek continued 70% growth momentum year-on-year
After entering the 5G market by launching a variety of 5G processors for smartphones, MediaTek has significantly increased its presence and the performance has improved greatly. As a result, the YoY growth rate was above 70% in the first quarter, which pushed up its revenue by 77.5% year-on-year.
According to the latest monthly revenue revealed by MediaTek, its April revenue still has substantial year-on-year growth, continuing the growth momentum of more than 70% year-on-year.
Last month, MediaTek’s revenue was 20.546 billion Taiwan dollars, this year’s 36.572 billion, an increase of 16.026 billion compared to the same period last year with an increase of 78%.
The year-on-year growth rate of MediaTek’s revenue was 78.29%, 78.66%, and 75.89% in January, February, and March respectively. At the same time, the company gained 78% growth in April and continued the year-on-year growth momentum of more than 70% this year.
However, the Taiwanese chip maker’s revenue in April continued its growth momentum of more than 70% year-on-year, but its revenue actually declined significantly from the previous month. In March, the revenue was NT$40.147 billion, compared with NT$36.572 billion in April, a decrease of 3.575 billion and a month-on-month drop of 8.9%.
STAY CONNECTED WITH US:
- Join SammyFans on Telegram
- Like SammyFans.com on Facebook
- Follow SammyFans on Twitter
- Get news in graphics on Instagram
- Get the latest insights through Google News
- Send us tips at – [email protected]
Business
Samsung leads Q3 smartphone market, Huawei’s entry haunts Apple
Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.
Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.
Follow our socials → Google News | Telegram | X/Twitter | Facebook | WhatsApp
Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.
Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.
// Source
Business
Underdog phone brand jumped 50%, Samsung and Apple lost ground
In Q3 2023, Samsung and Apple’s market share slightly declined, while an underdog Chinese phone brand appeared on the top 5 chart. In a recent development, Canalys published market research data for the third quarter, revealing Tanssion as the fifth best-seller globally.
According to the info, Samsung and Apple lead total sales with 20% and 17% market share, yet both have fallen from their 22% and 18% levels in 2022. However, Tanssion, the maker of Tecno, Itel, and Infinix phones, climbed from 6% global market share last year to 9% in 2023, a 50% jump.
Follow our socials → Google News | Telegram | X/Twitter | Facebook | WhatsApp
Apart from this, Xiaomi matched last year’s share only by “recovering” from a terrible first half of 2023. At the same time, OPPO has fallen steadily over the past two years, while fellow BBK brand vivo lost the top-5 slot it’s owned for years.
Overall, the global smartphone market underwent a slight drop of 1% in Q3 2023. Bolstered by regional recoveries and new product upgrade demand, the smartphone market recorded a double-digit sequential growth in Q3, ahead of the sales seasons.
Business
Samsung enjoyed 2023’s last victory over Apple?
Recently, research agency Counterpoint Research published their latest analysis. The report reveals that Samsung continued its leadership in the third quarter of 2023, while Apple remained in the second spot. However, both OEMs faced a decline of 1 percent year over year.
According to CR, slower consumer demand is the main factor in the dwindling sales. The market did see a slight 2 percent growth in Q3 compared to Q2, likely driven by last month’s iPhone 15 series launch. Samsung secured 20 percent market share, while Apple grabbed 16 percent sales.
Follow our socials → Google News | Telegram | X/Twitter | Facebook | WhatsApp
The Galaxy A-series was the key driver for the South Korean smartphone maker. Apple came in second with 16 percent of the market while Xiaomi rounded out the top three with its 12 percent share. Oppo (10 percent) and vivo (8 percent) were the remaining brands in the top five charts.
The newly released iPhone 15 series will help Apple score a lead over Samsung in the fourth quarter of the year. The results will arrive by early next year, and it’s expected that the US phone maker could surpass Samsung. Major camera upgrades and USB-C helped Apple register strong sales.