China has defeated Qualcomm in another chip field, this time in the Internet of Things chip market

Recently, counterpoint, a market research agency, pointed out that in the Internet of Things chip market, Chinese chip companies have developed rapidly, among which Unisplendor, Huawei and other companies have directly followed Qualcomm. Their total market share in the Internet of Things chip market has defeated Qualcomm in the United States.
According to the data released by counterpoint, Qualcomm ranked first in the global Internet of Things chip market in the third quarter, with a market share of 37.3%, followed by three Chinese enterprises, namely Unisplendor, Huawei HiSilicon and Mediatech.
China has defeated Qualcomm in another chip field, this time in the Internet of Things chip market
Unisplendor Spreadtrum, Huawei and MediaTek accounted for 26.8%, 13.7% and 6.4% of the global IoT chip market respectively. These three chip companies together accounted for 46.9% of the IoT chip market. Even Unisplendor Spreadtrum and Huawei in Chinese Mainland together accounted for 40.5% of the market share, exceeding Qualcomm’s market share.
In addition, Unisplendor also surpassed Qualcomm in the Internet of Things chip segment. Unisplendor’s share in the 4G Cat1, NB-IOT, 2G Internet of Things chip market is ahead of Qualcomm. Unisplendor is not a competitor of Qualcomm and MediaTek in the mobile chip market, but its achievements in the Internet of Things chip market are quite excellent.
Unisplendor and Huawei in Chinese Mainland have gained a large market share in the chip market of the Internet of Things, which is inseparable from the vigorous development of the Internet of Things in the Chinese market.
According to statistical data, the number of Internet of Things connections owned by the three major operators has reached 1.35 billion users, ranking the first among many markets in the world. Such a large number of Internet of Things users naturally support the rapid development of Chinese chip companies in the Internet of Things market, and Purple Light, Huawei, etc. also stand out.
The reason for Chinese chip companies to run out of the local IoT market is also the growth of the domestic chip industry chain. Compared with mobile phone chips, IoT chips have less technical requirements and pay more attention to power consumption, cost, etc., while Chinese chip manufacturers have now achieved mass production of 14nm technology to meet the requirements of IoT chips, and Chinese chip companies have sufficient strength in chip design, The perfect domestic chip industry chain supports the development of domestic chip enterprises in the domestic Internet of Things market.
The mobile phone chip market is facing fierce competition from Qualcomm and MediaTek, while the competition in the IoT chip market is not so fierce, and the current profits of IoT chips are low. Especially at present, China’s IoT market mainly develops narrowband IoT technology, which is conducive to chip enterprises in Chinese Mainland to play their own advantages.
The success of Chinese chip companies in the Internet of Things market has proved that Chinese chip companies can always find their own opportunities as long as they seize the opportunities in the chip market. This shows that Chinese chip companies have great potential in the future, and there is no need to worry too much about the current leading advantages of American chip companies in some industries.