APAC Semiconductor Device Market in Communication Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

APAC Semiconductor Device Industry Overview

Asia-Pacific Semiconductor Device Market in Communication Industry fluctuates with growing mergers, technological advancements, and geopolitical scenarios. The Market is favorably competitive, with several players. The market space remains highly contested due to the economies of scale and nature of the product offerings, and the cost-volume metrics favor companies that operate with low-fixed costs. Some key players in the Market are Samsung Electronics Co. Ltd, Intel Corporation, and NXP Semiconductors NV, among others. Some key recent developments in the Market include:

• August 2022: Qualcomm Technologies Inc. introduced its flagship Snapdragon 8+ Gen 1 mobile platform, powering Samsung Electronics Co. Ltd's most delinquent foldable smartphones, the Samsung Galaxy Z Fold4 and Galaxy Z Flip4. Samsung and Qualcomm collaborate to define the next generation of premium Android experiences.
• July 2022: Ericsson, Qualcomm Technologies Inc., and French aerospace company Thales planned to take 5G out of this world and across a network of Earth-orbiting satellites. After conducting detailed research, including multiple studies and simulations, the parties plan to enter smartphone-use-case-focused testing and validate 5G non-terrestrial networks (5G NTN).