Chinese tech giant rebounds from US sanctions

Huawei’s chipset subsidiary HiSilicon has become world’s fifth largest chipmaker, with a 3% share of the global chipset market, according to the latest analysis published by technology market-research firm Counterpoint.

The research, based on third-quarter results, shows the ranking led by Qualcomm products, which account for about 40% of the entire chipset market. The US multinational is followed by Apple, whose market share amounts to 31%.

Meanwhile, Taiwanese fabless semiconductor company MediaTek was ranked third, with a 15% market share. Counterpoint’s findings calculate that the three chipset majors together control up to 86% of the entire mobile processor market.

One of the largest global smartphone manufacturers, Samsung, was ranked fourth on the list, with a 7% market share.

Following Huawei in fifth place, China’s UNISOC ranks sixth and has a market share of 2%, while seventh-placing Google controls 1% of the global market with its Tensor processors.

The world’s largest manufacturer of telecommunications equipment, Huawei has found itself among the Chinese corporate majors that have been hit by a sweeping US technology ban.

In 2019, Washington banned US firms from selling software and equipment to Huawei and restricted international chipmakers using US-made technology from partnering with the Chinese firm. The White House attributed the tech ban to national-security concerns, including a potential for cyberattacks from or spying by Beijing.

Before 2020, Huawei was a global leader in the smartphone industry, behind only Samsung and Apple. However, it relied heavily on technology and components made in the US or produced by companies under American patents.

Real Estate Investor Pulse

1031 Exchange E-Book

ENB Top News 
ENB
Energy Dashboard
ENB Podcast
ENB Substack

About Stu Turley 3357 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.