MediaTek: AI Data Centers Offer Significant Growth; Mobile Chips Remain Key Product Line

IC design firm MediaTek's Chairman Rick Tsai stated today that AI data centers represent a significant growth opportunity. However, he emphasized that mobile chips have been MediaTek's most important flagship product over the past 20 years and will remain a crucial product line next year and in the years to come. MediaTek held its annual shareholders' meeting today, where shareholders expressed interest in the future development of AI data centers. Tsai said that AI data centers are a major growth opportunity, with MediaTek's revenue target for Application-Specific Integrated Circuits (ASIC) set at $2 billion this year, aiming to reach several billion dollars next year. Tsai noted that it is a natural trend for large Cloud Service Providers (CSPs) with the capability to develop ASICs to want to work directly with TSMC; however, developing System-on-Chips (SoCs) is not an easy task. He emphasized that the value of a design company lies in understanding customer needs, designing products, and having the capability to move quickly into mass production. MediaTek has accumulated decades of design capabilities from mobile chips and aims to ensure long-term, multi-platform collaboration. Tsai said that mobile chips have been MediaTek's most important flagship product for the past 20 years and will continue to be a key product line next year and in the future. Phones will evolve from 5G to 6G, and technologies driven by mobile development can be applied to other products; much of the technology for data centers also comes from the accumulation of mobile chip development.