ATL Leads the Smartphone Battery Market in 1Q20

The global market for smartphone battery cells reached a total value of $1.5 billion in the first quarter of 2020, according to the Strategy Analytics. The total market witnessed a 5 percent year-over-year revenue growth.

TDK owned Amperex Technology managed to keep its smartphone battery market share leadership with 36.5 percent revenue share, followed by LG Chem and Samsung SDI. The top-three vendors captured almost 82 percent revenue share in the global smartphone battery market.

“The battery cell market for smartphones observed an annual increase in revenue owing to adoption of higher cell capacities and custom-designed lithium-ion polymer (Li-Po) cells by smartphone OEMs,“ says Jeffrey Mathews, Analyst at Strategy Analytics.“ATL supplied battery cells with higher capacities to leading smartphone OEMs while LG Chem expanded its customer base with design wins in flagship smartphones.“

“The demand for smartphone battery cells is expected to be impacted by the slowdown in smartphone shipments and global smartphone production halts due to COVID-19 pandemic. We note that battery cell vendors would supply OEMs with customized battery cells in flagship smartphones to drive revenue in CY 2020,“ said Stuart Robinson, Executive Director Handset Component Technologies Service at Strategy Analytics.