Global smartphone processor market: How Qualcomm, MediaTek, Samsung fared in Q3 2022

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Despite registering a decline of 3% on a quarter-over-quarter (QoQ) basis and 7% on a year-over-year (YoY) basis, MediaTek’s remained on the top spot. Counterpoint says that MediaTek shipments will further decline in Q4 2022 due to order cuts from major Chinese OEMs due to ongoing customer inventory adjustments, global macroeconomic conditions, the weak China market.

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