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.
6 hours ago
India criticises Pakistan heading UNSC committee on sanctions against Taliban
6 hours ago
Taliban says US drones entering from neighbouring region still patrolling Afghanistan skies
9 hours ago
Indian Navy chief discusses deepening maritime ties, Indo-Pacific security with top US officials
12 hours ago
Trump’s support for H-1B reignites debate over skilled-worker visas
12 hours ago
Bill to ban H-1B visas ‘efficient way to hurt Americans,’ says US Immigration expert
12 hours ago
$100,000 H-1B fee ‘significant step to stop abuse’: White House
12 hours ago
Trump drops tariffs on food imports; India’s mango, tea exports may benefit
13 hours ago
Guneet Monga Kapoor recollects when chef Vikas Khanna flew to New York to support Oscar campaign
13 hours ago
Selena Gomez talk about the dreamy marriage with Benny Blanco
13 hours ago
Parineeti Chopra gushes over Sania Mirza: ‘Why are you the world’s best?’
13 hours ago
Shreya Ghoshal announces her 'The Unstoppable Tour', calls it a celebration of her journey so far
13 hours ago
Mahesh Babu says 'Thinking of you a little more today' as he remembers late father Krishna
13 hours ago
Sanjay Dutt’s sister Priya shares a heartfelt memory of mother Nargis Dutt’s ‘centre of world’
