NEW FRONTIER: The 5G penetration rate is expected to climb to about 49 percent in 2022 and 60 percent in 2023, MediaTek chief executive Rick Tsai said in Taipei

Taipei Times
Date: Dec 09, 20202
By:. Lisa Wang / Staff reporter

MediaTek Inc (聯發科), the nation’s biggest supplier of chips used in smartphones, plans to launch its new flagship 5G chip by February in a bid to capture a bigger share of the rapidly growing market, a company executive said yesterday.

The announcement indicates that the Hsinchu-based chipmaker is gaining confidence about the rollout of its new 5G chip designed for premium smartphones. The chipmaker two months ago gave a more vague schedule, saying that new phones powered by its new Dimensity 5G chip would enter mass production early next year.

The remarks came after the company’s bigger rival Qualcomm Inc last week unveiled its new flagship 5G chip, the Snapdragon 888, for premium smartphones.

MediaTek Inc chief executive Rick Tsai holds a 5G smartphone at the company’s booth at the Taipei International Convention Center on the first day of the IEEE Global Communications Conference yesterday.

Photo: Vanessa Cho, Taipei Times

MediaTek said that its chip would be launched by the Lunar New Year, which falls in February, and that it expects replacement demand to take off next year as shipments of 5G handsets worldwide are set to double from more than 200 million units this year.    [FULL  STORY]