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Qualcomm increases apps processor market share

Qualcomm increases apps processor market share 

According to the report, the company’s market share experienced a significant increase in Q2 2014, surging 22 per cent to a total revenue share of 58 per cent. The increase placed Qualcomm first overall in the smartphone AP market with a total of $5.2 billion in revenue. The company’s recent performance was largely based on its success with its Snapdragon processor portfolio.

“Qualcomm continues to widen the lead and captured a record 58 per cent revenue share in the smartphone AP market in Q2 2014, thanks to its strong momentum in LTE smartphones,” said Sravan Kundojjala, senior analyst for Strategy Analytics. “(We) believe that the multi price-tier Snapdragon processor portfolio continues to serve Qualcomm well.”

The report also notes that Apple checked in at second place with a 14 per cent share of the apps processor market, while MediaTek placed third with 13 per cent. 

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