Global smartphone AP shipments to fall for 2nd consecutive year in 2019, says Digitimes Research

Worldwide shipments of smartphone application processors are expected to fall for the second consecutive year in 2019, as the outlook for the segment has weakened by uncertainty over the lingering US-China trade dispute, concerns of possible shifts of production capacity and volatile foreign exchange rates, according to Digitimes Research.

Despite the setback, Qualcomm and HiSilicon Technologies are still expected to see their market shares edge up slightly in 2019, Digitimes Research estimates.

In addition to eyeing the emerging business opportunities from the 5G sector, Qualcomm has managed to secure additional AP orders out of the current top-five smartphone vendors, with its overall shipments to grow by a single-digit rate in 2019 to maintain its leadership with an over 40% market share.

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