News that MediaTek car chip mass production shipments, has entered the supply chain of Asian and European car brands

According to the Taiwan Business Times, autonomous driving and electric vehicles and other markets continue to lead the automotive electronics market grew significantly, MediaTek in the automotive market layout finally spread the results of the battle.

Legal pointed out that MediaTek automotive 5G data chip has successfully entered the European and Asian automotive brands supply chain, from the second half of this year will begin to gradually mass production shipments, is expected to ship next year is expected to be more significant momentum.

Although the current proportion of revenue is quite limited, but shows that MediaTek products have successfully opened up the market in the supply chain of front-loading automotive components, the follow-up is expected to enter the autonomous driving market, and gradually expand performance momentum.

The legal person points out that MediaTek is currently first to 5G data chip integration car networking and car communication and entertainment systems and other automotive product lines, will gradually start mass production shipments in the second half of the year.

MediaTek has been working on the automotive product line for at least five years, and has obtained orders from at least one car manufacturer in Asia and Europe, as MediaTek's beachhead to enter the automotive market. The supply chain expects that MediaTek has begun to cooperate with more global first-tier car manufacturers and automotive components manufacturers, regardless of the automotive industry and MediaTek will not let Qualcomm in the field of automotive chips alone.

The report said that MediaTek revealed in the middle of this year, 5G chip has successfully entered the automotive supply chain, through the integration into the car networking chip mode shipments, mainly to Sub-6 band as the main shipping products, the follow-up is expected to millimeter wave (mmWave) band 5G product line shipments, and in addition to 5G chip, 4G chip will also lock the mainstream automotive market, the subsequent shipment momentum is expected to grow gradually.

Legal pointed out that MediaTek automotive product line and special application chip (ASIC) currently accounts for less than 5% of the total revenue, in the automotive products began to release shipments, there is an opportunity to grow single-digit percentage, although the proportion of revenue is still not significant, but if the future is expected to self-driving technology into the car factory, when the revenue will have the opportunity to quickly rise.

MediaTek's recent stock price performance by the impact of the broader market and the recent downturn in consumer demand, 24 shares fell 1.86% to 580 NT, fell below the recent low, and has fallen back to the September 2020 level, the three major corporations sold a total of 593 over, for four consecutive trading days sold over.