Mediatek May Become the 12th Largest IC Supplier This Year

3 Apr

Taiwan-based chip designer Mediatek will see its worldwide ranking improve significantly following the completion of its merger with MStar Semiconductors, a recent report from IC Insights suggests.

The research firm believes that the company’s post merger sales will reach up to as high as $6 Billion USD this year, stating that this would be “enough to lift the company into the 12th spot in the 2014 ranking.”

As of this moment, Mediatek is ranked 16th on IC Insight’s Top 20 IC suppliers list; The impressive ranking is due mostly to the company’ significantly improved smartphone chip shipments, which grew from 108 million in 2012 to 200 million in 2013.

The company’s 2013 revenue, on the other hand, also saw significant growth, rising 36% YoY to $4.59 Billion USD.