The global smartphone applications processor (AP) market grew 26 per cent to reach USD 8.9 billion in the second quarter (Q2) this year, a survey pointed out.

According to Strategy Analytics, Qualcomm maintained its lead in the smartphone AP market with a 40 percent revenue share, followed by MediaTek with 26 percent and Apple with 25.5 percent.

5G-attached AP shipments accounted for 55 percent of total smartphone APs shipped in Q2 2022.

TSMC manufactured over 80 percent of smartphone APs shipped in Q2 2022.

Samsung Foundry's key customer Qualcomm shifted orders to TSMC in the recent quarters.

The Samsung Galaxy S22 design win fueled Qualcomm's AP average selling prices (ASPs) to an all-time high.

MediaTek posted its all-time high quarterly AP revenue in Q2 2022, driven by a high mix of high-end and premium tier Dimensity 5G APs.

Unisoc, on the other hand, posted a 26 percent shipment growth in Q2 2022, thanks to continued traction in tier-one 4G smartphones.

ALSO READ : Rubber produced in Tripura making its way to international markets