Qualcomm-led $20.2bn smartphone chip market in 2017
San Francisco, June 12 : As the global smartphone Applications Processor (AP) market declined 5 per cent (year-over-year) to reach $20.2 billion in 2017, Qualcomm was the leader with 42 per cent revenue share, a new report said on Tuesday.
According to market research firm Strategy Analytics, Qualcomm, Apple, MediaTek, Samsung LSI and HiSilicon captured the top-five revenue share spots in 2017.
Qualcomm was followed by Apple with 22 per cent at second place and MediaTek with 15 per cent at third.
"The 64-bit smartphone AP shipments grew 15 per cent (year-on-year) and accounted for 88 per cent of the total smartphone AP shipments in CY 2017, up from 71 per cent in CY 2016," said the report.
Apple, HiSilicon, Qualcomm and Samsung LSI all registered year-on-year shipment growth while MediaTek and Spreadtrum saw their shipments decline sharply.
"2017 proved to be a very challenging year for low-cost and high volume players MediaTek and Spreadtrum as both companies saw their smartphone AP shipments and revenue decline sharply," said Sravan Kundojjala, Associate Director at Strategy Analytics.
Security, privacy and bandwidth factors are currently driving the on-device Artificial Intelligence (AI) chip trend as smartphone chip companies are integrating intelligence engines in their designs.
"The on-device AI chip landscape is highly fragmented. We think 2018 will be an experimental year for on-device AI chips and 2019 will see more clarity on future direction," said the report.
In 2017, over 250 million smartphone APs shipped with native AI engines to enable machine learning (ML) applications such as 3D face detection, image recognition and Animoji.
Octa-core chips accounted for over 40 per cent of total smartphone AP shipments.
"Thanks to Qualcomm's increased strength in the mid-range with the Snapdragon 600 series, Qualcomm gained significant share at Chinese OEMs including Oppo, Vivo and Xiaomi at the expense of MediaTek in 2017," informed Stuart Robinson, Executive Director of the Strategy Analytics Handset Component Technologies service.
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India willing to cut 100% tariffs; trade deal with New Delhi soon: Trump
New York (PTI): India is willing to cut 100 per cent tariffs on American goods, US President Donald Trump claimed once again while saying that a trade deal between New Delhi and Washington is coming soon.
In an interview to Fox News, Trump, however, said that he is not in a "rush" for the proposed trade deal.
Against the backdrop of the US president's repeated claim of India offering to drop all tariffs on American goods, External Affairs Minister S Jaishankar said in New Delhi on Thursday that "any trade deal has to be mutually beneficial".
Trump again described India as "one of the highest tariff nations in the world."
"They make it almost impossible to do business. Do you know that they're willing to cut 100 per cent of their tariffs for the United States?" Trump said.
When asked if the deal with India is coming soon, Trump said, "that'll come soon. I'm in no rush. Look, everybody wants to make a deal with us."
Then he went on to add: "South Korea wants to make a deal but I'm not going to make deals with everybody. I'm just going to set the limit. I'll make another some deals. Because I can't, you can't meet with that many people. I've got 150 countries that want to make deals."
India and the US are holding talks to firm up a trade deal.
On Thursday, Jaishankar said trade talks have been going on between India and the US.
"These are complicated negotiations. Nothing is decided till everything is. Any trade deal has to be mutually beneficial; it has to work for both countries," he said.
"That would be our expectation from the trade deal."
Commerce Minister Piyush Goyal is currently in Washington to assess the progress of negotiations for the proposed trade agreement.
He is expected to hold talks with US Commerce Secretary Howard Lutnick and US Trade Representative (USTR) Jamieson Greer.
To boost bilateral trade, India is seeking duty concessions for labour-intensive sectors like textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, chemicals, grapes, and bananas in the proposed pact with America.
On the other hand, the US wants duty concessions in sectors like certain industrial goods, automobiles (electric vehicles in particular), wines, petrochemical products, dairy, agriculture items such as apples, and tree nuts.
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