Business
Global smartphone sensor market logs $6.4 bn in revenue, Sony leads
New Delhi, Oct 23
Led by Sony, the global smartphone Image sensor market clocked a total revenue of $6.4 billion in the first half of 2022.
According to the Strategy Analytics report, the market for smartphone image sensors experienced a decline of more than 5 per cent year-over-year in the first half.
Sony Semiconductor Solutions captured the top spot with 44 per cent revenue share, followed by Samsung System and Omnivision in the same period.
Sony, Samsung and Omnivision captured nearly 83 per cent revenue share in the global smartphone image sensor market.
In terms of smartphone multi-camera applications, Image sensors for Depth and Macro applications dropped to 26 per cent share while those for Ultrawide application jumped to 20 per cent share.
"The market for smartphone image sensors witnessed a slowdown in multi-camera adoption owing to declining smartphone demand and inventory within the customer supply chain during the period," said Jeffrey Mathews, senior analyst at Strategy Analytics.
Sony drove its share in the market with partnerships with leading smartphone OEMs for large-sized and high-resolution image sensor products.
"Moreover, Samsung continued to lead high-resolution demand by supplying 200MP CIS products to customers and Omnivision saw share loss due to pandemic-induced customer disruptions in China," Mathews noted.
According to Stephen Entwistle, Vice President of the Strategic Technologies Practice, as demand momentum continues to struggle, "OEMs are expected to drive opportunities in positioning smartphones with high-end and premium imaging capabilities".
"The introduction of flagship smartphones featuring high-resolution cameras provides a short-term improvement for the smartphone image sensor market," he said.
9 hours ago
Isfahan University's Mohsen Farkhani claims Washington failed to meet targets as peace talks stall
9 hours ago
US failed to gain Iran's trust during talks: Iranian Parliament Speaker Ghalibaf
9 hours ago
Clerics express concern over US-Iran rift, fear wider conflict
9 hours ago
When Asha Bhosle spoke about her, elder sister Lata Mangeshkar being the ‘last of Mughals’
9 hours ago
Odisha CM, other leaders mourn demise of legendary singer Asha Bhosle
9 hours ago
Asha Bhosle demise: Sonu Nigam shares throwback picture of him washing her feet, Shreya Ghoshal calls her defining voice for generations
9 hours ago
Asha Bhosle passes away at 92, last rites to be held on Monday at Shivaji Park
9 hours ago
Shah Rukh Khan calls Asha Bhosle's voice 'one of the pillars of Indian cinema'
12 hours ago
"Next step, Mars!" Trump's ambitious plan post Artemis II success
12 hours ago
Iran's Speaker carries photos of Minab attack victims on flight to Pakistan for US talks
12 hours ago
Netanyahu attacks Erdogan as Israel vows to continue fight against Iran
12 hours ago
US holds talks with Iran amid Trump's victory claims
12 hours ago
India’s 2047 vision rooted in policy: Vinay Kwatra
