Samsung beats Apple, becomes number three company News

Samsung beats Apple, becomes number three company

Author's avatar Clout News Desk

Time icon April 19, 2020

Samsung has become the world’s third-largest smartphone application processor vendor, outpacing US giant Apple.

South Korean company Samsung has beaten the US giant Apple. According to Counterpoint’s report, Samsung has become the world’s third largest smartphone application processor selling company. By doing this, Samsung moved Apple to the fourth position. The company has achieved this due to its excellent performance in India, Latin America and Europe.

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HiSilicon by Samsung and Huawei were the only two top-5 companies in the year 2019 that have achieved positive share growth in the year 2019. Counterpoint Research Senior Analyst Jean Park said, “Samsung’s focus is on being competitive in price and performance, which benefited it.” However, Samsung has manufactured some of its A-series smartphones from Chinese companies, which will benefit chipset companies like Qualcomm and MediaTek.

Qualcomm ranks first

Qualcomm, which manufactures smartphone processors, still remains the number one company in the world and did not slip from its position in 2019, despite a 1.6 per cent decline in a year. A third of smartphone application processors shipped worldwide in 2019 were from Qualcomm.

Qualcomm has considerable hold in all markets except Middle East and Africa. In markets where there is less demand for premium smartphones, demand for Qualcomm chipsets is high. MediaTek has also suffered a slight decline in 2019, though it remained in second place.

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