Analysis: Global 5G and LTE Handset Revenue and ASP by Vendor – Q3 2023
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Global 5G handset industry revenues and shipments continued to stagnate in Q3 2023. Apple remains the leader of 5G shipments and revenues, but Samsung is growing quickly behind Apple. Samsung is the world’s second-largest 5G vendor in terms of shipments and revenues. Samsung is also the biggest vendor in LTE shipments and revenues with over 20% share in both. ASPs in 5G and 4G keep declining. Apple leads the 5G ASP ranking, whereas Huawei is the top vendor in the 4G ASP ranking. Transsion has made a significant rise to become one of the top 4G vendors. Transsion is already second in shipments and third in revenues.
