The chipset subsidiary of Huawei, HiSilicon, has grown to become the fifth largest chipmaker in the world, according to a new analysis by the technology market research firm Counterpoint, occupying 3% of the global chipset market.

Based in third quarter results, the research shows the list of companies ranked by market share was led by Qualcomm products, which held about 40% of the entire chipset market. Qualcomm is followed by Apple, which had about 31% of the market.

Taiwanese fabless semiconductor company MediaTek came in third, with a 15% market share. According to Counterpoint’s research, those three chipset majors have occupied as much as 86% of the entire mobile processor market.

Samsung, among the largest global smartphone manufacturers, came in fourth on the list, with a 7% share of the market.

After Huawei, which came in at fifth place, China’s UNISOC came in sixth, with a market share of 2%, as Google, which came in at 7th place, saw its Tensor processors control 1% of the global market,

Huawei, the largest manufacturer of telecommunications equipment, was one of the Chinese tech majors which was targeted by sweeping US technology export restrictions.

Washington forbid US firms from selling software and equipment to Huawei in 2019, and restricted global semiconductor companies which utilized US technology from partnering with the Chinese firm. The administration said the tech ban was necessary for national security reasons, especially to mitigate the risks of cyber attacks, or spying from Beijing.

Huawei had been a global leader in the smart phone industry before 2020, with only Samsung and Apple exceeding its performance. But it relied heavily of US made technology and technology which utilized US patents. As a result the US technology export ban hit the company hard.
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