MediaTek seeks to outpace sectorBy Lisa Wang / Staff ReporterMediaTek Inc (聯發科) expects revenue to grow as much as 19 percent annually over the next five years, outpacing the semiconductor industry’s overall expansion, the company said yesterday. MediaTek Inc vice chairman and chief executive officer Rick Tsai, left, and president Joe Chen gesture at a media event in Taipei yesterday. However, the company still faces challenges, as the COVID-19 pandemic has upended the semiconductor supply chain and caused chip supply bottlenecks, it said. MediaTek said it has been in advanced discussions with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), and its chip packaging and testing partners over chip supply for next three to four years. Smartphones powered by MediaTek’s first flagship 5G chip, the Dimensity 9000, would hit the stores in the second quarter of next year, the company said.

Source: Taipei Times December 16, 2021 16:35 UTC