Mediatek expecting growth of around 50% Q1 2014

Taiwanese chipset maker Mediatek are expected to post a record growth of around 50%!

Mediatek’s amazing growth is expected to continue with analysts predicting a rise of 50% from Q1 alone. This growth is believed to be due to the demand for low mid-range Android smartphones in developing markets outside of China, and Chinese phone makers desire to expand in to markets abroad.

Mediatek are current offering Chinese phone makers steady supply of their MT6592 octacore processors and MT6582 quad-core chips. Later this year they will launch updated MT6588 quad-core processor and LTE equipped MT6595 chipset.