Smart phone applications market is witnessing unprecedented growth

Smart phone applications market is witnessing unprecedented growth

The global market for smart phone applications has achieved 26%growth, to reach 8. 9 billion dollars in the second quarter of this year, as Qualcomm maintained its leadership in the smart phone processor market with a share of revenues by 40%, followed by “Media Tech” with 26 %, Apple by 25. 5%.

The shipments of the attached and supportive application processors for the fifth generation network accounted for 55% of the total smartphone applications that were shipped in the second quarter of 2022, according to an article published by the Investment website recently.
For its part, TSMC made more than 80% of the processors that were shipped in the mentioned period. As for the company “Samsung”, the main customer of Qualcomm, he transferred requests to TSMC in the last quarters.

For his part, Sarafan Condujala, Director of Technology Technology Service in Phone components at the “Strategy Analysis” company, said that “the revenues of the smartphone application processors from Qualcomm grew by 41% despite the decrease in shipping by 23%, as the company relied on the momentum of Android applications with a distinct level” .
The Samsung Galaxy S2’s design has strengthened the average price of Qualcomm processors, reaching the highest levels ever.

However, Condujala believes that despite this, Qualcomm is likely to face a reverse wind to correct inventory in the second half of 2022, as “the shipments of smartphones” Samsung LSIXinos “decreased by 46% on an annual basis, but they expressed Signs of recovery with steady growth in the medium term.
As for “Media Tech”, it reported its highest quarterly revenues in the second quarter of 2022, driven by a mixture of the fifth generation premium processors “Daiminsei”.

However, the company will witness a decrease in its shipments and revenues in the second half of 2022 “due to the continued weakness of Android in China. ”
On the other hand, the company «UNICOC» ​​recorded a growth in shipments by 26% in the second quarter of 2022, thanks to the continued steady growth in excellent smartphones supporting the fourth generation network, according to Condujala..

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