MediaTek is already ahead in the 5G race, might become the first to launch the 5G mmWave mobile SoC

MediaTek has recently announced its Kompanio series of processors for Chromebooks and the Pentatonic 2000 chip for high-end 8K 120Hz TVs, demonstrating its progress in developing chips for devices other than smartphones.

While SoCs for smartphones continue to generate the majority of its revenue, it’s clear that the Taiwanese chipmaker is focused on outperforming competitors through innovation and being the first to market with cutting-edge technologies.

MediaTek CEO Cai Lixing recently announced that the first 5G mmWave (millimetre-wave) mobile SoC will be released next year. It will be paired with a Wi-Fi 7 solution, which will be available early next year as well (via Digitimes). He hopes that by doing so, the company will be able to achieve revenue growth of 10-20%, which, while lower than the growth projected for 2021, is still respectable.

MediaTek has received significant capacity support in 2022 from its foundries, back-end packaging, and substrate partners, according to Lixing, and the shipment situation will be stable next year.

“Many variables have been added to global economic development in the post-epidemic age, and MediaTek will confront many technical hurdles, including increasingly complicated design architectures and more advanced 3nm and 2nm chip manufacturing nodes,” he said.

According to MediaTek’s quarterly financial report, consolidated revenue for 3Q21 was NT$131,074 million, up 4.3 percent from the previous quarter and 34.7 percent year over year. Sales of mobile phone chip solutions increased by almost 110 percent year over year, with a 57 percent revenue contribution rate. Non-mobile items, such as power management ICs and network chips, saw a 30 percent increase in sales.

Cai Lixing also claimed that MediaTek has become one of the leading firms in the sector of wireless communication chips and that the company is performing particularly well in the Wi-Fi 6/6E space.

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