MediaTek to post 2nd highest sales growth among top 25 chip suppliers: IC Insights

MediaTek Inc., a leading smartphone chip designer in Taiwan, is forecast to enjoy the second highest growth in sales among the 25 top semiconductor suppliers worldwide in 2021, U.S.-based market information advisory firm IC Insights said Wednesday.

IC Insights said MediaTek is expected to post a 60 percent year on-year increase in sales for 2021, trailing only U.S.-based Advanced Micro Devices Inc. (AMD), which is forecast to generate a 65 percent year-on-year increase in sales this year.

"MediaTek's chips are found in some of the biggest brands of smartphones, TVs, and voice assistants, as well as in Chromebooks, fitness equipment, Wi-Fi routers, and many other systems," IC Insights said in a research note.

"MediaTek has established itself as a leader by providing 4nm-based, 5G technology in its chips for these applications," IC Insights added.

The advisory firm said the Taiwanese supplier raised its output of networking ICs to meet solid global demand throughout 2021, which helped offset a decline in sales of mobile System on a Chip (SoC) products in the fourth quarter.

As for No. 1 firm AMD, IC Insights said the company benefited from its efforts to expand its market share in many segments, in particular in chips used in data center servers.

U.S.-based graphics designer NVidia is expected to come in third with its sales likely to grow 54 percent from a year earlier in 2021, ahead of American smartphone chip designer Qualcomm Inc. (51 percent) and China's IC designer Semiconductor Manufacturing International Corp. (39 percent), according to IC Insights.

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, is expected to post a 24 percent year-on-year increase in sales in 2021, taking 15th spot in the rankings, IC Insights said.

Intel Corp., the world's largest semiconductor company, is likely to see its sales for 2021 fall 1 percent from a year earlier in the wake of a supply shortage of raw materials for production among PC vendors, IC Insights added.

IC Insights said semiconductor sales worldwide are expected to grow 23 percent from a year earlier in 2021 with the average sales price likely to rise 3 percent in a booming stay-at-home economy amid COVID-19.

Source: Focus Taiwan News Channel