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00:02Apple gained smartphone chipset market share in the second quarter as stronger iPhone 17 sales,
00:08supported shipments while Qualcomm and MediaTek faced declines, according to CounterPoint Research.
00:14Apple captured 19% of the market, behind MediaTek at 31% and Qualcomm at 23%.
00:21CounterPoint said Apple chipset shipments increased slightly year over year,
00:25helped by demand for iPhone 17 Pro models.
00:28Qualcomm shipments declined as Samsung used more of its Exynos chips in Galaxy S26 models
00:35and memory shortages weighed on lower-end Snapdragon products.
00:39MediaTek also posted a decline as memory constraints pressured mainstream and entry-level chips.
00:44Global smartphone shipments fell 21% year-over-year in the quarter.
00:48Apple shares were down 0.31% at $1.315.25 during pre-market trading on Wednesday,
00:56according to Benzinga ProData.
00:58For all things money, visit Benzinga.com.
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