According to research firm Strategy Analytics, the global smartphone applications processor market continued to boom, growing 44 percent year-over-year to reach $4.4 billion in the second quarter. Qualcomm (NASDAQ:QCOM), Apple (NASDAQ:AAPL), MediaTek, Samsung Electronics and Spreadtrum captured the top five spots in terms of revenue. Qualcomm maintained its wide lead in the market with 53 percent revenue share, followed by Apple with 15 percent share and MediaTek with 11 percent share, as MediaTek overtook Samsung for the No. 3 spot. "MediaTek and Spreadtrum's improving global footprint coupled with their maturing product portfolio could spell a threat to global players such as Qualcomm, Broadcom, Nvidia and Intel," Strategy Analytics analyst Sravan Kundojjala said. Release
Separately, the research firm reported that the global tablet processor market posted impressive 46 percent year-over-year growth to $759 million in the second quarter. Apple, Samsung, MediaTek, Intel and Qualcomm led the revenue share rankings in that category, the report said. Apple continued its lead in the tablet applications processor market with 34 percent share, owing to the continued strength of its iPad line, followed by Samsung and MediaTek, each with close to 10 percent revenue share. Samsung had a narrow lead over MediaTek in the period, Strategy Analytics said. Release