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Highlights:
Apple’s sales declined in Q2 2023 due to seasonality. Its Pro series did better.
MediaTek’s shipments increased slightly in Q2 2023 with reduced inventory levels and growing competition in the entry-level 5G smartphone market. New smartphone launches in the low-to-mid-end segments increased the shipments of Dimensity 6000 and Dimensity 7000 series. The Dimensity 9200 Plus was added to the premium tier.
Qualcomm’s shipments increased in Q2 2023 due to the Snapdragon 8 Gen 2’s adoption in Samsung’s flagship smartphones and by Chinese OEMs. The launch of Samsung’s Flip and Fold series also contributed to this growth. Qualcomm refreshed the Snapdragon 7 Gen 1, Snapdragon 6 Gen 1 and Snapdragon 4 Gen 1 series to gain some share back. However, the premium segment’s growth remained in focus.
Samsung’s shipments increased in Q2 2023. The Exynos 1330 and 1380’s launch added volumes to the low and mid-high segments.
UNISOC在2023年第二季度的发货量增长疲软的Q1。它gained some share in the $100-$150 LTE segment. In H2 2023, as entry-level 5G smartphones pick up in regions like LATAM, SEA, MEA and Europe, UNISOC will gain some share.
For a more detailed smartphone AP-SoC shipments & forecast tracker, click below:
Global Smartphone AP-SOC Shipment & Forecast Tracker by Model – Q2 2023
This report tracks the smartphone AP/SoC Shipments by Model for all the vendors. The scope of this report is from the AP/SoC shipments from all the key vendors like Apple, Qualcomm, MediaTek, Huawei, Samsung, UNISOC and JLQ. We have covered all the main models starting fromQ1 2020 to Q2 2023. We have also included aone-quarter forecast for Q3E 2023. This report will help you to understand the AP/SoC Market from the shipment perspective. Furthermore, we have also covered key specs for these AP/SoC covering market view by:
Network(4G/5G AP/SoC)
Foundry Details(like TSMC, Samsung. etc.)
Process node(5nm, 6nm, 8nm, etc.)
Manufacturing Process(FinFET, N7, N5, etc.)
CPU Cores Architecture and CPU Cores Count
Modem(External/Internal)
Modem Name
Secure Element Presence
Security Chip
AI Accelerator
For detailed insights on the data, please reach out to us atsales(at)www.arena-ruc.com. If you are a member of the press, please contact us atpress(at)www.arena-ruc.comfor any media enquiries.
MediaTek’srevenues were slightly up sequentially but down 43% annually in Q2 2023. Inventory has gradually come down to a relatively normal level, but the demand for智能手机swill remain slow due to the global macroeconomic situation and therefurbished智能手机market. Against this backdrop, MediaTek is diversifying its portfolio by focusing on theauto, smart edge and customASIC segments. The company is estimated to take over two years to get material revenues from these segments.
AI and ASIC Opportunity
CEO:“As for ASIC, we recently see growing enterprise ASIC business opportunities in AI and datacenter markets. With our strong IP and SoC integration capabilities, we aim to continue to grow this business in the future.”
Parv Sharma’s analyst take: “With the growth in generative AI, the demand for edge AI processing has accelerated. Being one of the top players in edge devices, MediaTek is well-positioned to benefit from this shift. The company will focus on winning enterprise ASIC projects but catching up with major players like Broadcom and Marvell will take time, as customers typically work with existing suppliers for repeat projects.”
Growing focus on auto and partnership with NVIDIA
CEO:“We’re very excited about the recently announced partnership between MediaTek and NVIDIA to develop a full-scale product roadmap for the automotive industry. We believe our industry-leading low-power processors and 5G, WiFi connectivity solutions, combined with NVIDIA’s strong capability in software and AI cloud, will help us become highly competitive in the future connected software-defined vehicles market and shorten our time to market to accelerate our growth.”
Shivani Parashar’s analyst take:“联发科推出Dimensity汽车关注有限公司ckpit and connectivity solutions. With its partnership with NVIDIA, the company aims to develop a full-scale product roadmap for the automotive industry. Auto design cycles are long so it will take some time (2026-2027) for the company to increase revenues from this segment. Overall, we can say the auto segment will become a long-term revenue growth driver for MediaTek.”
Customer and channel inventories come down
CEO:“We observed that customer and channel inventories across major applications have gradually reduced to a relatively normal level. Recent demand from our customers has shown certain level of stabilization. However, our customers are still managing their inventory cautiously as global consumer electronics end market demand remains soft. For the near-term, we expect our business to gradually improve in the second half of the year”
Shivani Parashar’s analyst take: “According to our supply chain checks, inventory levels are coming down and will get back to normal in the second half of 2023. OEMs will start restocking but will be cautious due to weak consumer demand and global macroeconomic conditions.”Result summary
Slight improvement in revenues: MediaTek recorded$3.2 billionin revenues in Q2 2023, a slight increase of 2% QoQ but a decrease of43% YoYdue to the weakglobal demandfor end products and the second-hand smartphone market. Customer and channel inventories across major applications have come down to a relatively normal level.
Maintained mobile segment revenue due to 5G SoCs:The mobile phonesegment contributed 46% to the company’s revenue in Q2 2023, which declined by51%YoY and increased by 2% QoQ. The demand for 5G SoCs improved during the quarter. The new flagship Dimensity SoC will be launched in the coming month.
New opportunities for smart edge:The smart edge segment contributed 47% to the company’s revenue in Q2, growing 2% sequentially. The demand for connectivity remained stable in the quarter. Business opportunities are growing for the ASIC segment.
Price discipline: MediaTek will focus on maintaining gross margin, following price discipline at a time of uncertainty in the global semiconductor industry.
Favorable guidance: MediaTek guided Q3 revenues in the range of$3.3 to $3.5 billion, growing 4%-11% sequentially. Gross margins are expected to be around47%while the operating expense ratio is expected to be around 32% in Q2 2023. The smartphone, connectivity and PMIC segments will see revenue growth. The smart TV segment will witness declining revenues in the third quarter due to excess inventory.
Autosegment is picking up:Automotivewill contribute$200 to $300million to MediaTek’s revenue in 2023. More significant revenue can be seen from 2026. The current auto design pipeline revenue for MediaTek is over $1 billion.
Our Senior AnalystAnshika Jainwill be speaking at MediaTek Technology Diaries, Chapter 12 – The Vision to Go Beyond with Incredible Technologies, on Thursday, 25th May 2023, from 6:30 PM onwards. Her session details are below:
Topic: The Vision To Go Beyond With Incredible Technologies Moderator: Rajiv Makhni Date:Thursday, 25th May 2023
About the event: Over the years,MediaTek Technology Diarieshas been spotlighting megatrends and leading insightful conversations around next-generation technologies that are defining our future today.
The evolution of technology has simplified our lives in various ways. IoT has allowed us to connect smart devices to automate tasks and make our lives easier, while Smart Televisions and Entertainment have revolutionized how we consume media. Automotive technology has also made significant strides in recent years, making our commutes safer and more enjoyable.
MediaTek expects flat mobile revenue in Q2 2023 with growth in H2 2023 driven by an improvement in the elevated mobile inventory situation.
The company believes it will gain SoC share in the US and Europe.
MediaTek unveiled the 9200+ SoC. Key is the 5% – 12% performance boost. Built on 2ndGen TSMC 4nm plus optimized packaging, MediaTek expressed most OEMs will migrate to the 9200+ from the 9200 on future designs.
Growth opportunities are present in entry 5G as many regions are now commencing 5G rollouts. Some aging SoCs will see price cuts, but pricing discipline is expected.
MediaTek is focusing on the automotive, expects $200 million in automotive revenue in 2023 through design wins and products.
The company believes it will gain SoC share in the US and Europe.
MediaTekAusti举行年度分析师的一天n, Texas on April 27th. The general theme of the event was the company’s positive stance on the future, despite steep year-over-year declines in its quarterly results and diversification of its portfolio as well as regional revenue. In fact, the company has had zero layoffs during the recent turbulent times within the semiconductor industry. The company is rapidly transferring resources to automotive and AI computing areas.
Here are the key takeaways from the summit:
Mobile
According to Counterpoint data, MediaTek was the biggest智能手机SoC player in terms of volume in 2022. MediaTek had 34% share in smartphone AP/SoC shipments in 2022 followed by Qualcomm with 29% share. Like other providers, there were tough decisions made related to shortages and allocation decisions. The company takes pride in the fact that it left no individual customer without allocations, though some received less than asked for in 2022.
There were elevated inventories of bothchipsetsand finished goods exiting 2022. However, there have been improvements. Counterpoint Research data shows that sell-through had a sluggish start in Q1 2023, which did not help the situation. The China market remain well under pre-COVID-19 volumes.
The company believes it will gain smartphone SoC share in the US and Europe in 2023.
This will help offset the weaker sell-out expected in 2023 vs 2022. Conforming to Counterpoint’s take on the smartphone market, MediaTek recorded weak smartphone demand during Q1 2023 as consumers remained cautious.Mobilerevenue is expected to be flat QoQ in Q2 2023 with an improvement in H2 2023.
Though global mmWave rollouts have decelerated, thecompany has a high performing mmWave solution. The company is not seeing any new regions ‘leaning into’ mmWave. And, even within fixed wireless access (FWA), sub-6 spectrum is the workhorse. Nevertheless, MediaTek is prepared if things change.
MediaTek unveiled the 9200+ SoC. Key is the 5% – 12% performance boost. Built on 2ndGen TSMC 4nm plus optimized packaging, MediaTek expressed most OEMs will migrate to the 9200+ from the 9200 on future designs.
MediaTek believes the Dimensity 9000 series will help increase itssharein the premium segment. vivo was the first to use MediaTek’s SoC with its X90 smartphone. Other significant design wins include the new OPPO Find N2 Flip and the Techno PHANTOM V Fold, powered by the Dimensity 9200+. To gain share in new price tiers, it will take three to four generations or more before we see how disruptive MediaTek’s flagship series will be.
MediaTek said that it is the leader in mobile hotspots and FWA hardware and has early satellite link hardware in the market.
Source: MediaTek
There are many areas within the premium segment that have had significant spec improvements. Gaming continues to drive specs with ray tracing, better power management, frame rate management and improved thermals. MediaTek is bringing 4x carrier aggregation to the market. For regions with fragmented 5G spectrum (such as the US), this is important for mobile operators.
As many regions are at the beginning of 5G rollouts, there likely will be an opportunity for growth at entry 5G. Except for some aging SoCs, pricing discipline has remained intact which is particularly important for MediaTek.
Connected PC continues to be a challenging segment. Like other players in the ecosystem, MediaTek is not giving up. With improved performance and better mobile service terms, things could change in the medium term. The key advantages (multi-day battery life, superior security to public Wi-Fi, fast bootup) still need to be campaigned to consumers.
Automotive
Source: MediaTek
MediaTek confirmed that it never exited theautomotive空间,而是剩余。然而,这has dramatically changed. The company recently announced new automotive solutions and we expect more design wins in 2023.
The company forecasts that its automotive revenue will reach $200 million in 2023.
MediaTek unveiled MediaTek Dimensity Auto:
Dimensity Auto Cockpit: Displays, 16 ISP cameras, theatre quality surround sound, 3nm advanced process
Dimensity Auto Connect: Wi-Fi, Bluetooth, 5G for supporting cockpitconnection, multiple displays, hotspot support, 4x to 5x faster speeds than home gateways.
Dimensity Auto Components: MediaTek will supply many of thecomponentsthat faced extreme shortages during the COVID-19 pandemic including power management ICs, display driver ICs and global navigation satellite systems.
Dimensity Auto Drive: ADAS solution with time-of-flight solutions, Wi-Fi, LiDAR, radar and 60GHz supported; this product will be manufactured with partner companies.
China may have more potential in the short term, but Europe and the US are expected to announce significant design wins in 2023. Mainstream and entry telematics solutions within Tier 1 OEMs may be the early low-hanging fruit.
联发科已经与一级和oem directly. Customers will be able to pick a la carte or all platforms. Of course, the aim is to sell the entire platform. Auto Cockpit and AutoConnectwill likely contribute to the bulk of revenues in 2023/24.
MediaTek will partner with companies to supply ADAS solutions.
Broadband
Withinbroadband, MediaTek doubled its revenue over the past 18 months. Key customers include T-Mobile, Verizon, DT and Telefonica. Within cloud and enterprise, key customers include Cisco and Aruba.
The company believes Industrial IoT has a $2.5 billion addressablemarket. Contributing to this market includes low-end industrial tablets, POS terminals, factory automation solutions and smart city applications. North America and Europe are driving this space in 2023.
Wi-Fi 7 will get certification this year with manufacturers quickly moving to sell the latest version. There will be a longer runway for Wi-Fi 7, probably four years, which is an improvement over the shorter lifespans for Wi-Fi 6 and Wi-Fi 6E.
Many smartphone flagships and premium notebooks in 2023 will feature Wi-Fi 7.
5G CPE sales have taken off. Globally, Counterpoint Research estimates fixed wireless access (FWA) added around 25 million subscribers in 2022. FWA speeds are sufficient, service prices are competitive, and the setup is simple. MediaTek estimates that it has a 65%marketshare in the CPE hardware ecosystem.
The company is seeing a pickup in the adoption of 5G Redcap (reduced capability) in 5G IoT, wearables and AR glasses. These use cases cannot support 4×4 (antenna configuration) but can work with one antenna. Speeds are higher than LTE Cat 4 with lower latency. In addition, they have ultra-low power consumption capabilities.
VR and metaverse
MediaTek is very upbeat about the potential growth of itsmetaversebusiness. The company believes its metaverse total addressable market (TAM) will grow to over $100 billion in 2030 from about $1 billion in 2023. While this is more aggressive than Counterpoint Research estimates, it is no doubt a critical space.
MediaTek’schipsetis designed into the Sony PlayStation VR2 headset. We were able to test theVRdevice and each generation has made leaps in improvement. However, more improvements are still needed in various aspects.
Source: Sony
Satellite and NTN
Satellite is a new and exciting space which MediaTek has emphasized on more than on mmWave opportunities. There are different implementations adopted by various providers. MediaTek is taking an open standards approach.
Use cases include two-way messaging, location sharing, weather forecasting, push-to-talk service, and emergency SOS. Commercialization is expected in 2025 or 2026.
Release 17 will be key with two types of NTN satellite communications, which will enable IoT NTN and NR NTN. It will move data transmission from KBPS to MBPS, which will add new use cases.
Source: MediaTek
Q1 2023 results and 2023 outlook
Source: MediaTek
Like many within the semiconductor sector, year-over-year comparisons look dire. According to Counterpoint Research estimates, the smartphone market will see a comeback in H2 2023 with volumes growing 12.5% over H1 2023. MediaTek has a similar outlook.
Mobile customers’ inventories are still elevated but the situation has improved. Sluggish mobile demand in Q1 2023 slowed the recovery. Meanwhile, some smartphone OEMs’ inventories are back to normal.
TV, broadband products, and smart edge are seeing market share gains despite market weakness.
From a small base, automotive will see gains in 2023. MediaTek believes $200 million in revenue is possible in 2023. Growth rates are uncertain as the design win cycle is so much longer in automotive than in mobile.
As 2023 global smartphone volumes will likely decline over 2022 volumes, MediaTek is striving for growth in other areas such as hardware within consumer/home/broadband, gaming/XR, connected PCs, AI and automotive.
Quectel and Qualcomm dominated the cellular IoT module and chipset markets, respectively.
NB-IoT is still popular among technologies but is expected to lose some market share to 4G CAT1.bis in 2023.
5G adoption to get a boost in 2024 if ASP declines to sub-$100 and 5G RedCap-based solutions become available.
China continues to lead IoT module market, followed by North America and Western Europe.
San Diego, Buenos Aires, London, New Delhi, Hong Kong, Beijing, Seoul – March 29, 2023
Global cellular IoT module shipments grew 14% YoY in 2022 to register record high annual volume, despite macroeconomic headwinds, according to Counterpoint’s latest全球Cellular IoT Module and Chipset Tracker by Applicationreport. The resumption of smart meter implementation, ongoing retail POS upgrades, intelligentasset trackingand the continued growth in connected cars due to progress in electrification and autonomous capabilities were some of the key drivers for the double-digit percentage growth in demand for IoT modules.
Chinacontinued to lead the global cellular IoT module market in terms of demand, followed byNorth AmericaandWestern Europe. Meanwhile,Indiawas the fastest growing market, followed by Latin America and North America. Although India has a smaller base, it has immense potential.Eastern Europewas the only region that registered a decline due to the prolonged Ukraine-Russia war.
Commenting on the competitive dynamics among cellular IoT module OEMs,Senior Research AnalystSoumen Mandalsaid, “In 2022, Quectel was the top cellular IoT module player inChina, the world’s largest market for these components. Meanwhile, China Mobile and Fibocom captured second and third place, respectively, enjoying their tremendous scale in the domestic market. Outside of China, Quectel remained the leader followed by Telit and Thales which have merged and will commence operations as a new brand,Telit Cinterion,starting Q1 2023.
Quectelincreased its focus in the consolidating automotive (NAD module) segment in 2022 and secured multiple design wins with major automakers. The competition in the NAD module market is intensifying as the industry transitions to 5G connectivity. With every transition of cellular technology, we have seen the market consolidate as it becomes increasingly challenging to serve the automotive segment, which requires heavy customization but garners a lower margin.
China Mobile, the world’s largest CSP and IoT connectivity player, is becoming more vertically integrated by leveraging its massive scale to capture maximum value. It has the potential to break into the top three global cellular IoT module rankings this year. However, the company primarily operates in China and will need to expand into other verticals and markets via a robust partnership model to maintain its momentum.”
Commenting on the IoT cellular connectivity chipset player dynamics,Associate DirectorEthan Qisaid, “Qualcommcontinued to dominate the cellularIoT chipsetmarket in 2022 with nearly 40% shipments share. Qualcomm strengthened its position in the LTE CAT 4 and higher technologies while also maintaining a dominant position in the 5G market. Qualcomm recently launched its latest 4G CAT1.bis chipset, QCX216, to compete head-on with the LTE CAT1.bis leaders UNISOC and Eigencomm.
Qiadded, “In 2022, UNISOCandASRmaintained their second and third positions due to strong adoption of the fast-growing LTE CAT1.bis and CAT 1 based modules, respectively. During the year, two new players from China,EigencommandXinyi Semiconductor,broke into the top five cellular IoT chipset vendor rankings, filling the gap left by Hisilicon. Eigencomm focuses on NB-IoT and 4G CAT1.bis applications while Xinyi Semiconductor focuses on NB-IoT chipsets, both being low-cost but high-volume segments.”
Commenting on the technology landscape,Mandaladded, “During 2022,NB-IoTremained the most popular LPWA IoT connectivity technology followed by the fast-growing 4G CAT 1 and 4G CAT 4 modules. Together, these contributed to 60% of the total IoT module market. For most of 2022, China was under lockdown due to the resurgence of COVID-19 which drove greater demand for products such as smart door locks, digital thermometers and wearables, mostly powered by NB-IoT.
NB-IoT saw strong adoption in China but has been less popular outside the country. In contrast,4G CAT.1bishas been gaining traction globally and has the potential to be an alternative to several NB-IoT and existing 2G/3G applications such as smart meters. However,5Gsaw slower adoption in IoT than in smartphones last year due to the higher module costs. The key initial 5G applications are PCs, CPEs and some industrial/enterprise applications.
We believe 5G will enter the mainstream market once the module ASP breaks the sub-$100 barrier and receives a further boost from the5G RedCapcommercialization in coming years.”
Commenting on the IoT market outlook for 2023,Associate DirectorMohit Agrawalsaid, “Global cellular IoT module shipments (including NAD modules) are expected to register robust growth of19%YoY in 2023. The growth of IoT module shipments in the high-value industrial segment will be key for the IoT projects that have struggled to move beyond the pilot stage and for companies that are focusing more on ROI in a tough macroeconomic environment. Nevertheless, shipments of IoT modules for thesmart meter,point of sale(POS) and theautomotivemarkets are expected to continue seeing strong growth, which will offset a slowdown in other segments.”
The market has been undergoingconsolidationacross theIoTvalue chain from module players andconnectivitymanagement to IoTplatformplayers. This has highlighted the importance of scale, choosing the right vertical and capturing value by striking the right partnerships or developing the right capabilities. We could see some more exits and mergers in 2023 because IoT, which is very vertical driven, has been seeing volatile growth due to internal or external factors.”
For detailed research, refer to the following reports available for subscribing clients and individuals:
对位法追踪1500 +物联网模块sku曲arterly basis and provides forecasts on shipments, revenues and ASP performances for 80+ IoT module vendors, 12+ chipset players and 18+ IoT applications across 10 major geographies.
Background
Counterpoint Technology Market Research is a global research firm specializing in products in the technology, media and telecom (TMT) industry. It services major technology and financial firms with a mix of monthly reports, customized projects and detailed analyses of the mobile and technology markets. Its key analysts are seasoned experts in the high-tech industry.
MediaTek’s revenue was down 25% YoY and 26% QoQ in Q4 2022.
The mobile phone segment’s revenue declined 25% YoY and 30% QoQ.
MediaTek has downgraded Q1 2023 revenues to $3.0-$3.4 billion, a decline of 35-40% YoY and 3-12% QoQ.
The company has guided the inventory levels to normalize by the end of H1 2023.
MediaTekhas reported $3.4 billion in revenue for Q4 2022, down 25% YoY and 26% QoQ. For the full year of 2022, the revenue was $18.7 billion, up 6% YoY.MediaTek delivereda strong H1 2022 driven by 5G SoCs but a weak H2 2022 due to macroeconomic headwinds and customer inventory adjustments. The QoQ decline was due to theslow China market, weak consumer demand and inventory correction by智能手机OEMs. The mobile phone segment’s revenue declined 25% YoY and 30% QoQ due to aggressive inventory adjustments by customers. The segment contributed 52% of MediaTek’s Q4 2022 revenue.
Highlights
The smart edge segment, which contributed 42% to the company’s revenue in the fourth quarter, declined 18% sequentially due to order cuts from telecommunication operators for inventory adjustment. Revenues from enterprise ASIC andautomotive productsincreased due to growing popularity in the US and Europe regions.
The power IC segment accounted for 6% ofMediaTek’s revenue, declining 37% QoQ in Q4 owing to weak demand from consumer devices such as智能手机s. But the demand for power ICs from automotive and industrial applications increased in Q4.
Changing view from the previous quarter’s guidance, MediaTek downgraded Q1 2023 revenues to the range of $3.0-$3.4 billion, a decline of 35-40% YoY and 3-12% QoQ. Gross margins in Q1 2023 are expected to be around 47.5% and the operating expense ratio around 33%. Most smartphone OEMs will follow a conservative approach to maintaining their inventory.Smart TVandWi-Fiwill see a slight increase in demand in the first quarter.
MediaTekalso launchedsatellite-based connectivitysolutions with Bullitt group, to be available in Q1 2023. MediaTek is the third player after Apple and Qualcomm to offer satellite-based connectivity solutions.
MediaTek guided the inventory levels to normalize by the end of H1 2023. This is in line with our view. In H2 2023, MediaTek expects to see growth in revenues. Currently,Chinese smartphone OEMshave 3-3.5 months of smartphone inventory levels, which will come down to 2-2.5 months by the end of Q1 2023.
Overall, weak guidance from MediaTek for Q1 2023. The first half of 2023 is going to be tough due to inventory correction and macroeconomic uncertainties. We forecast the market to bounce back and inventory levels to come back to normal in the second half. We expect the overall智能手机shipmentsto be flat in 2023. Therefore, despite the growth in the second half, we forecast smartphone AP SoC shipments to contract in 2023.
At the first full-fledgedCESevent after the pandemic, the excitement was palpable. Theeventdid not disappoint in terms of the variety of announcements across the internet of things (IoT) spectrum. Our teams, both on-ground and online, tracked over 260 announcements made by over 240 companies covering a range of segments across consumer, enterprise and industrial.
设备形成的最受欢迎的类别,用力推ee out of every five announcements relating to this segment. As expected, the consumer and smart home sectors took center stage, but it was intriguing to see new launches in industry segments such as agriculture. Additionally, smart home, metaverse, augmented reality, healthcare and robotics were among the most talked about segments, attracting large crowds.
Here are the top 10 IoT announcements from this year’s CES, according to Counterpoint analysts:
MediaTek introduced the Genio 700 IoT chipset targeting industrial, smart home and smart retail applications. This chipset will be available by Q2 2023. MediaTek also showcased Wi-Fi 7-supported products like gateways, mesh routers,televisions, streaming devices, smartphones, tablets and laptops partnering withTP-Link,Lenovo, Hisense, ASUS, BUFFALO INC, Skyworks, AMD, Qorvo, LitePoint and MAC MLO among others.
MediaTekis slowly diversifying its offerings beyond smartphones. The availability of products with superior capabilities and increased partnerships will help MediaTek increase its footprint in the IoT market.
2.Smart Home:TP-Link expands Tapo smart home products
TP-Link unveiled new products under its Tapo line of smart home devices. These new additions include cameras, a doorbell camera, a smart video door lock, robot vacuums and a smart hub home connection center. Besides, the company also launched its first Matter-certified smart plugs, smart switches, smart outlet extenders and smart bulbs. The launch of these products at CES 2023 highlights TP-Link’s focus on expanding and diversifying its offerings in the smart home market.
The company’s adoption of the Matter protocol for its Tapo and Kasa lines of smart home products shows its commitment to making smart home technology more accessible and user-friendly.
In addition to the smart home products, TP-Link also showcased Wi-Fi 7-supported router and gateway solutions for use in homes, enterprises and ISPs. The integration of Wi-Fi 7 will improve the gaming experience, as well as increase productivity in enterprise applications.
3.Asset Tracking:Pod introduces paper-thin tracker with SODAQ, Lufthansa
Pod Group, in partnership with SODAQ and Lufthansa Industry, has developed a paper-thin smart labeltrackingdevice that utilizes low-power cellular connectivity (LTE-M) for a battery life of up to six months. This sustainable, eco-friendly device uses alkaline batteries instead of lithium and has the potential to revolutionize the tracking and logistics industry by improving supply chain efficiency and reducing operational costs.
Similar efforts by SODAQ with Vodafone and Bayer utilizing NB-IoT technology have been observed, but the use of Low Power Wide Area Network (LPWAN) may be more beneficial as it targets a wider range of telecommunications operators.
Bosch Group subsidiary Bosch Sensortec presented a variety of new sensors at CES 2023. These offerings include an AI-enabled smart sensor system, magnetometer, barometric pressure sensor, and an air quality sensor. These sensors demonstrate advancements in power efficiency, accuracy and compact size, and aim to enhance the user experience by tracking personal health and fitness, providing accurate data and prolonging battery life.
Bosch has been a leading manufacturer of micro-electromechanical system (MEMS) sensors since 1995 and has produced over 18 billion units to date. It is also investing in quantum sensors, which can provide measurements that are significantly more precise than current MEMS sensors and enable more accurate diagnosis of neurological diseases. Additionally, the company is developing angular rate sensors that use the nuclear magnetic resonance of noble gas atoms and are optically pumped. These could prove to be highly precise and stable for navigation applications. Bosch believes that sensors will play a key role in IoT and continues to make investments in this area.
Quectel is partnering with Skylo to integrate satellite connectivity into its 5G-ready BG95x/BG77x series of LPWA modules. This hybrid connectivity solution improves network coverage and makes it ideal for a variety of applications, such as trackers, wearables, smart cities and smart meters. Low-earth orbit (LEO) satellites are going to be a key for the non-terrestrial networks (NTN) coming up in 3GPP Rel17/18 in addition to the high-altitude platform system (HAPS).
Quectel also launched the AG59X series of automotive-grade5G modules英航sed on Qualcomm’s SA525M platform to supportautonomous driving. The company has strong partnerships with Chinese automakers such as Li Auto, Nio and BYD, and this module will further strengthen its efforts to increase share in the automotive connectivity market.
6.AR/VR:Thundercomm unveils XR2 VR HMD, 5100 AR glasses and smart vending machine
Thundercomm, a joint venture between Thundersoft and Qualcomm, unveiled a VR HMD solution based on the Snapdragon XR2 platform and AR glasses based on the Snapdragon W5 platform. These products will not only provide flagship experience but also offer low power consumption, higher resolution and more wear comfort. The AR/VR space is heating up with the increased participation from leading technology and smartphone players such as Meta, Apple, HTC and Google. However, an early entry can be beneficial for Thundercomm.
The newly launched smart vending machine will help increase operational efficiencies for retailers. Moreover, this solution will improve the shopping experience and further extend retailers’ reach. Thundercomm is expanding its product lines to capture maximum value from both the consumer and enterprise IoT markets.
Autel Robotics has unveiled a new drone, the EVO Max 4T, which is capable of a variety of applications such as autonomous navigation, semi-autonomous flight missions, firefighting, and inspections. It is equipped with three high-quality cameras, capable of capturing footage from a distance of 1.2 km. Autel has also released the Dragonfish NEST infrastructure, which supports automated eVTOL systems, and the EVO NEST infrastructure, which can operate in all weather conditions.
无人机和eVTOLs会看到更高的采用future with better efficiency in power consumption, security improvements and better regulatory compliances. These innovations will help Autel increase its presence in the enterprise market and remain competitive with companies like DJI.
8.Industrial IoT:ZVISION partners NVIDIA to improve industrial sensing
ZVISION, a provider of solid-state MEMS LiDAR solutions, is working with NVIDIA to use its robotics simulation platform Isaac Sim to develop advanced robot sensing capabilities and provide high-performance LiDAR solutions.
In Industry 4.0, robotics and simulation will play a key role. Its partnership withNVIDIAwill allow ZVISION to expand its applications beyond vehicles, while also reducing costs and speeding up time-to-market for companies undergoing digital transformation. ZVISION offers both short- and long-range LiDAR options that can be tailored to various applications.
9.Platform:Tuya pushes PaaS 2.0, Cube for digital transformation
Tuya officially launched PaaS 2.0 to develop personalized solutions to fulfill global customers’ demands for “product differentiation and independent control”. For private cloud customers, it also unveiled Cube, an enterprise-levelIoT platformdeployment solution.
PaaS 2.0 is a unique innovation that can assist customers in reducing R&D costs and increasing product competitiveness. Tuya is focusing on public and enterprise cloud applications which are dominated by big cloud players like Alibaba cloud and Tencent cloud.
10.Healthcare:OMRON launches blood pressure monitor with ECG
OMRON introduced a new upper-arm blood pressure monitor with built-in ECG capabilities. This device aims to facilitate the early detection of heart disease by combining blood pressure monitoring and ECG technology. Utilizing home-monitored data, healthcare professionals will be able to provide early treatment and detect Atrial Fibrillation (AFib) at an early stage.
The company also announced the expansion of its digital healthcare apps with new features, such as the Personal Heart Health Coach and the Care Team within the OMRON Connect app. These new features will utilize AI technology to analyze vital data and provide patients with personalized guidance and exercise advice. OMRON’s innovative solution, leveraging technologies like AI, ML andIoT, will help healthcare professionals to better understand patient data through analysis.
Conclusion
CES 2023 has provided ample food for thought for industry executives. Each of the announcements made at the event has significant implications for the direction of the industry. For example, the satellite-related announcements made by chipset and module players could help IoT companies focus on new use cases. Additionally, with Wi-Fi 7 becoming mainstream and Matter-certified home products being rolled out, we can expect to see a significant uptick in demand for smart home products. These developments and more continue to shape the future of IoT and solidify the role technology plays in our daily lives. With more innovation, the possibilities are endless and we are excited to see how the industry will continue to evolve.
Over the past five years, the smartphone market has been evolving towards more premium offerings, helped by technology advancements across various components as well as consumer willingness to pay more for their devices – especially across emerging markets.
In this white paper, we outline many of these dynamics that are driving the cellular industry. This insight covers various trends in the smartphone industry and how TECNO has been adapting to these trends with their unique business strategy.
Table of Contents:
Introduction
Cellular Technology Evolution
TECNO’s Entry Into Smartphones
TECNO Global Smartphone Ranking
TECNO Timeline
Capitalizing on Opportunities
Cellular Technology Evolution Forecast
Key Features: Camera, Display, Battery, Memory, Connectivity and SoC
Global Smartphone Primary/Rear Camera Count Share
Global Smartphone SoC Processor Speed Share
Global Smartphone Internal Memory (NAND) Share
Global Smartphone Display Material Share
Global Smartphone Battery Capacity Share
5G vs 4G Smartphone Shipment Penetration
Android ASPs Levelling Up
TECNO’s Unique Business Strategy
TECNO Smartphone Shipments Growth – 2021 vs 2020
Pivot to Premium
Global Smartphone Wholesale ASP by Region
Image taken with Another Brand VS TECNO PHANTOM X2
Image taken with or without super night algorithm
Number of Pages:18
Published Date:2022年11月
Please fill in the form below to download the white paper
Over the past five years, the smartphone market has been evolving towards more premium offerings, helped by technology advancements across various components as well as consumer willingness to pay more for their devices – especially across emerging markets.
Counterpoint Research, TECNO, MediaTek, and Forbeswill discuss trends highlighting the shift towards more premium smartphone features and segments.
We will share numbers and context highlighting the sharp upward shift of smartphone features like cameras, SoC processors, memory, screen materials, and batteries. We will also share how current trends are helping brands like TECNO rise in prominence, as they further consolidate their position in the global top ten by releasing their second-generation flagship, the Phantom X2. We’ll provide some teasers and highlights on the device’s capabilities – especially its camera.
This webinar is accompanied by a Whitepaper entitled “Brand Story: The Rise of TECNO”. All webinar registrants will be emailed a copy on November 22.
MediaTek‘s revenues fell 8.7% sequentially but increased 8.5% YoY to NT$142.1 billion. On a USD basis, revenues were comparatively flat due to FX weakness. Globalmacro headwinds, inventory correction, slowChina market and weak consumer demand led to the revenue decline and weak outlook. Declining 8% QoQ, the智能手机segment contributed to 55% (NT$ 78.2 in Q3 2022) of MediaTek’s total revenue in Q3 2022. Smartphone segment demand was affected by customers’ inventory adjustments, especially in the 5G mid-range SoCs. Demand forLTE SoCswas strong in QoQ terms.
The company has expanded its portfolio for theflagshipand mid-range segments by launchingDimensity 9000+ and Dimensity 1050, respectively. The newly launched premium SoC has been adopted by top-end gaming smartphones. Also, MediaTek will launch a next-generation flagship SoC in Q4 2022. This will add to its premium segment revenue.
The Smart Edge segment, which contributed 38% to the company’s revenue in the third quarter, declined 9% QoQ as telecommunication operators cut back on orders, negatively impacting the company’sWi-Fiand wired businesses. Also, the consumer market weakness affected the tablet, Chromebook and monitor businesses.
The power IC segment, which accounted for 7% of MediaTek’s revenue in Q3 2022, declined 17% QoQ due to weak demand for power ICs in consumer devices such as smartphones and PCs. But demand for power ICs for automotive and industrial applications remained robust in Q3 2022.
联发科指导2022年第四季度收入N的范围T$108 billion to NT$119.4 billion ($3.4 billion to $3.8 billion), a decline of 16%-24% QoQ and a decline of 7%-16% YoY. The gross margin is expected to be around 48.5% and the operating expense ratio is expected to be 31%. LTE SoCs will decline more severely than 5G SOCs in Q4 2022. Wi-Fi, broadband and routers will also be impacted as some of the Wi-Fi operators will slow down their fourth-quarter buy-in. The company also projected a sequential increase in revenues in Q1 2023.
The inventory level came down in Q3 2022 compared to the previous quarter. For both 4G and5G, SoC inventory will come down in Q4 2022. Inventory corrections will be normalized in H1 2023.
According to Counterpoint Research’sSmartphone AP/SoC Shipment Tracker, MediaTek dominated the smartphone AP/SoC market in Q3 2022 with a share of 36.5%, followed byQualcomm. MediaTek shipments have declined due to order cuts from major Chinese OEMs. MediaTek’s relatively greater dependence on the mid-end and low-end smartphone segments, which are likely to be more affected by the current macroeconomic situation as well as excess channel inventory, will lead to a weaker fourth quarter.
Overall, weak market outlook for Q4 2022 from MediaTek echoes increasingly cautious views from the foundry and IC packaging makers, which are seeing a slowdown in smartphone IC orders in early 2023. We expect 2023 to be challenging with inventory correction going on till H1 2023 and coming down to a normal level (80-90 days) by the end of 2023. The demand outlook for 2023 also looks challenging after inventory corrections due to macroeconomic uncertainty and weak China market. From the technology migration point of view, 5G SoCs are going to be a growth opportunity for the company. MediaTek will focus on maintaining gross margin, following price discipline at a time of uncertainty in the globalsemiconductor industry.
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This data is based on the smartphone AP/SoC shipments
Result summary
Source: MediaTek
