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Affordable 5G smartphone shipment increase driving market share growth for MediaTek's chipsets
The latest survey shows that in the first quarter of 2024, shipments of 5G smartphones equipped with MediaTek's systems reached 53 million units, a significant 53% year-on-year increase.
MediaTek's chipsets are gaining popularity due to their affordability and high performance, making them a preferred choice for smartphone manufacturers looking to offer 5G capabilities at competitive prices. With the increasing demand for 5G smartphones, MediaTek is expected to continue its market share growth in the coming quarters.
