Most tech corporations struggled in 2020, however chipmaker MediaTek most likely had the most effective years in its historical past. The corporate has lastly led the gross sales of processors for smartphones for the primary time, based on knowledge from a survey revealed by Omdia.
MediaTek bought 351.eight million smartphone chips in 2020, a rise of 113.eight million over 2019. It now has a world market share of 27.2%, up from 17.2% final 12 months.
Final 12 months, Counterpoint reported that MediaTek had overtaken Qualcomm because the world’s largest cell processor supplier throughout the third quarter. On the time, there have been indications that the corporate would take over from Qualcomm. In keeping with Omdia, the expansion is because of the firm’s give attention to entry-level and intermediate-level smartphones.
Xiaomi and Samsung assist MediaTek develop
Nevertheless, MediaTek has not succeeded by itself. The longest streak of progress got here because of Xiaomi’s explosive international progress in 2020. It was MediaTek’s largest buyer in 2020, transport 223% extra smartphones with the corporate’s chips in 2020 than in 2019.
Oppo was MediaTek’s second buyer in 2020. This shipped 55.three million units with MediaTek chips in 2020, in comparison with 46.three million in 2019, based on the analysis report.
Samsung additionally noticed demand for its MediaTek processor-based smartphones develop by greater than 250% in 2020 in comparison with 2019. A spread of the corporate’s cheaper mid-range smartphones undertake MediaTek processors.
Analysts count on MediaTek to proceed rising in 2021, with corporations like Huawei and Honor becoming a member of the chipmaker.