World smartphone utility processor (AP) shipments are anticipated to come back to 1.114 billion models in 2023, down 11.8% on yr, primarily attributable to declining smartphone shipments and sluggish AP stock depletion.
The highest-3 smartphone AP suppliers worldwide – MediaTek, Qualcomm, and Apple – will all expertise a cargo decline from a yr in the past in 2023. MediaTek will stay the most important provider, adopted by Qualcomm. It’s also noteworthy that Samsung Electronics’ reorganization of its Exynos AP product line will result in the Korean smartphone model putting a big quantity of AP orders with Qualcomm.
In the meantime, MediaTek is anticipated to maintain a minor affect from Oppo kicking off the amount manufacturing of its in-house developed processors in 2023.
Massive pile-ups of extra AP stock are nonetheless being saved at smartphone manufacturers, channel operators, and assemblers and can lead to manufacturers decelerating their AP orders in first-half 2023.
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