Following its merger with MStar Semiconductor Inc (晨星半導體) on Feb. 1, MediaTek Inc (聯發科) is likely to see its global ranking rising further this year, market researcher IC Insights said yesterday.
The supplier of handset chips to Lenovo Group (聯想) and Xiaomi Corp (小米) is expected to become the world’s No. 12 chip supplier this year in terms of revenue, up four notches from last year’s No. 16, IC Insights said in a report.
“MediaTek is experiencing extremely strong demand for its devices in the booming low-end smartphone business in China and other Asia-Pacific locations,” IC Insights said.
Last year, the company shipped 200 million units of application processors for smartphones, from 108 million units the previous year, while revenue grew by 36 percent annually to US$4.59 billion.
MediaTek in January said it aimed to boost smartphone chip shipments to 300 million units this year and to grow annual revenue by a double-digit percentage by exploring more emerging markets.
Intel Corp was the world’s largest chip supplier last year, with revenue of US$48.32 billion, followed by Samsung Electronics Co’s US$34.38 billion and Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) US$19.85 billion, IC Insights said.
United Microelectronics Corp (UMC, 聯電), the nation’s second-largest contract chipmaker, saw its ranking move up one notch from 2012 to No. 19 last year, after expanding revenue 6 percent year-on-year to US$3.96 billion, according to the report.