IT Home September 26th news, according to Taiwan's Business Times, markets such as autonomous driving and electric vehicles continue to lead the significant growth of the automotive electronics market, and MediaTek 's layout in the automotive market has finally been reported.
legal person pointed out that MediaTek's automotive 5G data chip has successfully entered the supply chain of European and Asian automobile brands , and will be gradually mass-produced and shipped from the second half of this year. It is expected that the shipment momentum will be more significant next year. Although
currently accounts for quite limited revenue, it shows that MediaTek's products have successfully opened up the market in the front-loaded automotive component supply chain, and are expected to enter the autonomous driving market in the future and gradually expand performance momentum.
legal person pointed out that MediaTek is currently integrating automotive product lines such as the Internet of Vehicles and automotive communication and entertainment systems with 5G data chips, and will gradually start mass production and shipment in the second half of the year.
MediaTek has been working in the automotive product line for at least five years, and has obtained orders for at least one car manufacturer in Asia and Europe, as a beachhead for MediaTek to enter the automotive market. Supply chain expectation that MediaTek has begun to cooperate with more global first-tier car manufacturers and automotive component manufacturers. Whether it is the automotive industry or MediaTek, it will not allow Qualcomm to occupy the exclusive area of automotive chips.
IT Home learned that the report said that MediaTek revealed in the middle of this year that 5G chips have successfully entered the automotive supply chain and are shipped through integration into the Internet of Vehicles chip model. is mainly shipped with the Sub-6 frequency band as its main product. It is expected to ship with the 5G product line of the millimeter wave (mmWave) frequency band. In addition to the 5G chip, 4G chips will also lock in the mainstream automotive market, and subsequent shipment momentum is expected to gradually grow.
legal person pointed out that MediaTek's automotive product line and special application chips (ASIC) currently account for less than 5% of revenue . After the automotive products start to ship in large quantities, it has the opportunity to grow a single-digit percentage. Although the proportion of revenue is still not significant, if it is expected to enter the car factory with self-driving technology in the future, revenue will have the opportunity to rise rapidly.
MediaTek's recent stock price performance was affected by the impact of market and the recent sluggish consumer demand. On the 24th, the stock price fell 1.86% to 580 New Taiwan Dollar , falling below the recent low and has fallen back to the September 2020 level. The three major legal entities sold more than 593 tickets in total, and sold more than four consecutive trading days.
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