MediaTek smartphone market share rises to 50%, Qualcomm drops to 25% in India: IDC
MediaTek gains on Qualcomm with 50% market share. The chipmaker targeted mass market brands with budget 5G chipsets.
The smartphone market in India witnessed a dynamic shift in 2023, as MediaTek-based smartphones surged in popularity, marking a significant increase in sales, while Qualcomm experienced a decline in its market share.
According to the International Data Corporation’s (IDC) Worldwide Quarterly Mobile Phone Tracker, India shipped 146 million smartphones last year, with a modest 1% year-over-year growth. However, the latter half of the year saw an impressive 11% growth, offsetting the earlier decline.