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MediaTek will spend more on research and development in 2021 than ever
28.01.2021 [11:55],
Sergey Karasev

Cai Lixing, Chairman of the Board of MediaTek, announced that the company intends to allocate a record amount for research and development work in various fields this year.

MediaTek is currently actively developing the 5th generation (5G) cellular smartphone processor business. According to Counterpoint Technology Market Research estimates, in the third quarter of 2021, MediaTek came out on top in the global market for chips for cellular devices, ahead of Qualcomm – 31% versus 29%. This was facilitated, among other things, by the supply of 5G products for relatively inexpensive devices.

At the end of 2021, MediaTek’s revenue reached $ 10.9 billion, which is almost a third (30.8%) more than in the previous year. At the same time, the company spent approximately $ 2.7 billion on research and development.

This year MediaTek expects to allocate about $ 3 billion for research and development. The company, in particular, will continue to implement projects in the field of 5G.

MediaTek notes that it is working on 5G technologies such as Carrier Aggregation (CA) and Voice over New Radio (VoNR). Research is carried out jointly with experts from Swisscom, Ericsson and OPPO.

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