HiSilicon's revenue fell from US$8.2 billion in 2020 to US$1.5 billion

HiSilicon's revenue also plummeted by more than 80% in 2021, from US$8.2 billion in 2020 to US$1.5 billion, and its market share fell sharply. Canalys released the global smartphone processor market report for the first quarter of 2024, showing that Huawei HiSilicon shipped 8 million units and its market share has reached 2.7%. According to the latest data released by Canalys, in the fourth quarter of 2023, relying on the excellent performance of Huawei's Mate60 series, Mate X5 and nova 12 series, HiSilicon shipped 6.8 million units in the quarter, a year-on-year increase of 5121%, which means that shipments have more than doubled 50 times. Revenue reached US$7 billion, a year-on-year increase of 24,471%.