MediaTek: We will not be deterred | Light Reading

Taiwan’s MediaTek – recently the world’s largest supplier of chips for smartphones – isn’t blinking.

The company is preparing to challenge market heavyweight Qualcomm on the vendor’s home turf amid a global chipset shortage that has upended the worldwide electronics industry. But MediaTek isn’t discouraged; the company this week raised its 2021 annual revenue growth target from around 40% to “a level above 45%,” CEO Rick Tsai said during the company’s quarterly conference call, according to a Seeking Alpha transcript.

Source: MediaTek: We will not be deterred | Light Reading