Dimensity 9300 Launch Helped MediaTek Post A 70 Percent Revenue Growth In 2023, Forming Optimism For The Dimensity 9400

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Dimensity 9300 Launch Helped MediaTek Post A 70 Percent Revenue Growth In 2023, Forming Optimism For The Dimensity 9400

MediaTek enjoyed a healthy revenue run thanks to the arrival of the Dimensity 9300. According to the latest data, the Taiwanese fabless chip maker’s flagship SoC contributed towards a 70 percent revenue growth last year, making it one of the most successful launches in the company’s history. MediaTek is now expected to launch the Dimensity 9400 in the fourth quarter of this year, and the shift towards a cutting-edge second-generation 3nm process should aid the company in repeating history, assuming the Snapdragon 8 Gen 4 does not gain sufficient traction during this time.

Overall, the Dimensity 9300 contributed towards more than $1 billion in revenue, though MediaTek estimates that Q1 2024 will roughly be flat

MediaTek CEO Rick Tsai strongly believes that 2024 will be the year of growth for the firm. Though the first quarter’s performance is estimated to be flat, gradual improvements should be witnessed with every passing quarter. As for the Dimensity 9300, it is believed that the flagship SoC contributed more than $1 billion to the company’s overall revenue and even impressed Morgan Stanley analysts, who believe that a strong surge in orders can mean that MediaTek’s global market share can reach up to 35 percent this year.

It is estimated that MediaTek will ship an estimated 20 million Dimensity 9300 units, allowing the firm to reach a new high and threaten Qualcomm’s dominance in the process. Though the company has not provided a future outlook for its chipset business, Economic Daily reports that generative AI not only drives demand for smartphone upgrades but also drives the growth of the overall premium market. MediaTek could leverage this growth with the Dimensity 9400’s unveiling, which will be its first to be mass produced on TSMC’s 3nm ‘N3E’ process.

Early benchmark leaks reveal that the Dimensity 9400 and Snapdragon 8 Gen 4 are trading blows in multi-core performance, making for an exciting showdown between the two SoCs. Also, given that the Snapdragon 8 Gen 3 is estimated to cost $200 per unit, and its successor is reported to be even more expensive, MediaTek could offer discounts to its smartphone clientele and obtain the edge in various markets. Then again, mass producing chipsets on TSMC’s second-generation 3nm process will result in a hefty bill, so MediaTek will have to tread carefully on what strategy it wishes to employ to make its competitors nervous.

News Source: Economic Daily

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