Huawei HiSilicon ranked third in 2024 global smartphone chip revenue listing

Huawei HiSilicon has made a strong comeback in the 2024 Chinese phone chip listing and obtained the third rank in the global Android premium SoC revenue race. A credit goes to the loyal users who stick to the firm amid tougher challenges.

Counterpoint has shared the report on the 2024 Global Android Premium SoC Revenue, and Huawei HiSilicon has achieved the third spot in this chip listing.

The report says that Huawei HiSilicon saw a powerful comeback in the 2024 Chinese smartphone chip market. It captured a double-digit revenue hike last year.

As per the details, the brand made progress of 100% and jumped 12% in the revenue share. Counterpoint says that Huawei is now expected to maintain this spot and continue as the third-largest brand by revenue share in the Android premium segment.

HiSilicon’s re-entry in the Chinese smartphone chip market has increased the competition among native competitors. The cause is the loyal customer base that sticks to Huawei and its products even in its toughest times and challenging scenarios.

Huawei HiSilicon ranked third in 2024 global smartphone chip revenue listing (Image Credits: Counterpoint)

Another reason is the integration of HarmonyOS, which boosted the overall performance of the HiSilicon chips for devices. Further chip improvements can let the brand jump to even higher positions. Akash Jatwala, analyst at Counterpoint, said:

“HiSilicon has a strong and loyal customer base in China, and HiSilicon’s Pura 70 and Mate 70 series helped it gain share in 2024. Despite a couple of older generation process node-based SoCs, HiSilicon will retain its position as the third-biggest brand in terms of revenue share. Though growth can be uncertain due to supply chain issues.”

Apart from HiSilicon, Qualcomm achieved the first spot in the revenue race with a 6% YoY growth increase. Samsung gained the second spot, while MediaTek and Google appeared in the fourth and fifth positions, respectively.

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