MediaTek eyeing on 5G, AI and IoT technologies to create new age experiences in 2020

MediaTek reiterated its focus on 5G, AI and Rich IoT to create new age experiences across mobile and non-mobile categories in the year 2020 at the second edition of the MediaTek Technology Diaries knowledge forum. MediaTek’s efforts to create a balanced portfolio across smartphones, smart homes and beyond resulted in nearly 32%-37% revenues coming from mobile computing (smartphones and tablets), 32-37% from AIoT/Analog/ASIC focusing on connectivity (Wi-Fi/Bluetooth) for various devices and 28-33% revenues from smart-home and other categories in 2019.

MediaTek powers more than 1.5 billion devices a year across some of the brands like OPPO, Realme, VIVO, Samsung, Xiaomi, Lenovo, Sony, Microsoft, Paytm, KENT, Broadlink, LG, Google, Amazon, Alibaba.com among others across products categories such as smartphones, automobile and surveillance cameras, smart bulb sockets, voice-assisted devices, audio systems, tablets, and portable biometric tablets among others. With its focus on technology innovation, the company globally invested approx. $2 billion on R&D in 2019.

According to Anku Jain, Managing Director, MediaTek India, “India has been a key growth market for us both in terms of business value proposition and talent pool. We have a strong R&D team in India, and we plan to continue developing global and India-specific products around our key focus areas - mobile, home and, auto.”

“Being a 5G leader with flagship 5G chips in the market, we are also looking at making these premium experiences accessible across the mid-tier category. Tapping the potential of India’s fast-growing gaming market is also going to be a priority,” he added.