16.1 C
Delhi

MediaTek to be the pioneer in 5G mmWave mobile SoC launch, along with Wi-Fi 7 solutions next year

MediaTek has been making leaps and bounds in developing chips for devices other than smartphones, recently announcing its Kompanio Series of processors for Chromebooks and Pentatonic 2000 chip for high-end 8K 120Hz TVs.

While most of its revenue continues to come from SoC’s for smartphones, it is clear that the Taiwanese chipmaker is keen on undercutting competition through innovation and being first in offering cutting-edge technologies.

Company CEO Cai Lixing recently revealed that MediaTek will be launching the first 5G mmWsave (millimeter-wave) mobile SoC next year. It will be paired with a Wi-Fi 7 solution and is all set to be launched early next year. Cai Lixing hopes this will allow the company to achieve double-digit revenue growth between 10% to 20%, which is lower than their 2021 growth but is still pretty fair.

MediaTek Dimensity 9000 MediaTek to be the pioneer in 5G mmWave mobile SoC launch, along with Wi-Fi 7 solutions next year

Lixing further pointed out that MediaTek has received major capacity support in 2022 from its foundries, back-end packaging, and substrate partners, and the shipment situation will be stable next year.

- Advertisement -TechnoSports-Ad

“The post-epidemic era has added many variables to global economic development, and MediaTek will also face many more technical challenges, including increasingly complex design architectures and more advanced 3nm and 2nm chip manufacturing nodes,” he said.

MediaTek’s financial report recently revealed consolidated revenue for the 3rd quarter of 2021 at $131,074 million, up 4.3% from the previous quarter and 34.7% year-on-year.

Sales of mobile phone chips rose by over 110% year on year with a revenue contribution rate of 57%. Sales of non-mobile products including power management ICs and network chips also increased by more than 30%.

- Advertisement -TechnoSports-Ad

CEO Cai Lixing also revealed that MediaTek has become one of the leading companies in the field of wireless communication chips and is excelling in the field of Wi-Fi 6/6E as well.

Also read:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sumedh Joshi
Sumedh Joshi
For promotions, launch articles, and reviews contact us at - [email protected]
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

JBL launched the PartyBox 710, 110, and Encore Essential speakers

JBL has launched three new speakers in India, the latest audible devices from the brand include the PartyBox 710, the PartyBox 110, and the...

Motorola will launch its new Edge Series on the 8th of September

Motorola has unveiled its Edge 2022 Series a while ago, these devices will be the first to feature MediaTek's Dimesnity 1050 chipset but it...

Google Pixel 7 and 7 Pro prototype models leaked in an exclusive hands-on video

Google teased its upcoming Pixel 7 Series a couple of months ago at its developers' conference, we only got to see snippets and a...

Google likely to support WearOS smartwatch backups to Google One

Google is attempting to improve the experience for Android devices as we see more and more WearOS devices being introduced into the market, the...