TechNavio recognizes the following companies as the key players in the Global Mobile Phone Core Chip Market: Qualcomm Inc., Samsung Electronics, MediaTek Inc., and Intel Corp.
Commenting on the report, an analyst from TechNavio’s Hardware team said: “Many key players in the Global Semiconductor market are fabless. Likewise, mobile phone core chip vendors are also going fabless, mainly to minimize the expenditure incurred in maintaining and operating their foundries. Since these companies are currently concentrating more on the design and development of their solutions, they are outsourcing their fabrication and other foundry-related activities to companies that specialize in providing such foundry solutions. As a result, the ratio of foundries and fabless companies stands at 1:11 in the Global Semiconductor market. Hence, semiconductor companies going fabless is another emerging trend witnessed in the Global Mobile Phone Core Chip market.”
According to the report, the core reason for the presence of these factors is the demand for advanced mobile phones across the world. The key factor driving the growth of the Global Mobile Phone Core Chip market is the rapid development in the Smartphone and Mobile Phone segments. Moreover, the demand for mobile phones with advanced capabilities across several consumer segments in the market is further driving the growth of this market.
Further, the report states that one of the key challenges faced by this market is the availability of high precision ICs at affordable prices. Global players make heavy investments while manufacturing these ICs, as they have to be manufactured in accordance with international standards. As a result, providing ICs at competitive rates becomes impossible for global players. However, regional players can afford to provide ICs at reduced rates as they do not have to comply with such regulations, and thus provide high-precision ICs at affordable prices.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Skyworks Solutions, Texas Instruments Inc., ST-Ericsson, Renesas Electronics, Speadtrum Electronics, and Broadcom Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-mobile-phone-core-chip-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/hardware
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