MediaTek CEO Sees 5G Smartphone Shipments Exceeding 500M This Year
MediaTek gained “meaningful share” globally last year in 5G and Wi-Fi 6 “in the first year of the end-market takeoff” of those technologies, said CEO Rick Tsai on a Q4 call Wednesday. “We are seeing increasing Wi-Fi 6 demand in…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
high-end routers, broadband and TV.” Laptop and Chromebook brands are adopting “MediaTek Wi-Fi 6 solutions,” he said. The first high-end Wi-Fi 6 gaming laptop “will hit the market in the first quarter with more to come,” he said. MediaTek is “on the test bed” for Wi-Fi 6E development and already has “started Wi-Fi 7 investments,” he said. For 2021, MediaTek forecasts global 5G smartphone shipments will exceed 500 million, a 250% increase over 2019, said Tsai. He estimates “at least” 60% of that growth will come from China. MediaTek launched a complete 5G “product portfolio” last year and “engaged with all global major Android smartphone brands,” he said. “Our 5G market share has already exceeded 40% in markets we serve.”