MediaTek was established in 1997 and found success in the Chinese smartphone market in the 2010s. With a strategy of selling chips together with smartphone blueprints, it captured demand from emerging manufacturers and was dubbed the "mastermind of low-cost smartphones."
In recent years, with the spread of 5G high-speed wireless communications, it has also made inroads in the high-end sector that is Qualcomm's stronghold. MediaTek's share of the smartphone semiconductor market in the July-September quarter of 2024 was 35% by volume, ranking first, and 17% by value, ranking third, according to Hong Kong research firm Counterpoint…Read More
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