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MediaTek lifts 2026 ASIC target to $2 billion despite smartphone market deterioration

What happened

MediaTek raised its 2026 ASIC revenue target to $2 billion despite a cautious outlook for the smartphone market. The company expects growth in other applications to offset the decline. Bullish for the ASIC sector.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

ASIC

MediaTek

revenue-targetcapacity-expansionoutlook

Source and time

Source: DigiTimes Asia · 5/1/2026 · View original source

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MediaTek lifts 2026 ASIC target to $2 billion despite smartphone market deterioration

What happened

Impact and signal

Affected components and suppliers

Source and time

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