Throughout 2015, China has seen strong demand for smartphones with support for 4G. And next year the demand for them will grow in India and South-East Asia, Latin America and the Middle East. This will positively affect the activity of MediaTek, a leading provider of semiconductor solutions in the mobile market.
The global smartphone market still has room to grow, and the next year it is expected to increase by 10%. According to MediaTek president Ching-Jiang Hsieh (CJ Hsieh), revenues, volumes of deliveries and market share in the next year will continue to grow.
MediaTek solutions for consumer electronics, optical media and TV continue to have high profitability
Also, the publication DigiTimes reported that in 2016 MediaTek plans to deliver 480 million chips for smartphones, which is about 20% more than in 2015.
Previously, we recall, the company MediaTek has revised its forecast for 2015 downwards, citing a slowdown in shipments of smartphones.