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Xiaomi cuts orders for chips as MediaTek considers price hike for 3G, 4G mobile chips

Xiaomi MediaTek orders cuts

Xiaomi mainly uses MediaTek SoC for 3G, 4G, and affordable smartphones. Now, there is news that Xiaomi cuts orders for chips as MediaTek is considering a price hike for 3G, and 4G mobile chips.

According to the information, MediaTek is contemplating increasing the prices of its 3G and 4G mobile chips. With a view to mitigating the disappointing impact on 5G chip sales performance this year.

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Xiaomi MediaTek orders cuts

Also, MediaTek’s revenue growth target of 20% for 2022 may not be achieved due to a drop in orders from its Android smartphone manufacturers. Earlier it was reported that Xiaomi, OPPO, Vivo, and other major smartphone makers have told suppliers that orders will drop by about 20% over the next few quarters compared to previous plans.

Xiaomi cuts down on MediaTek orders:

According to the information, Xiaomi has told suppliers that it will reduce its full-year forecast by about 160 million to 180 million units from its previous target of 200 million units. Moreover, Vivo and Oppo also cut orders by about 20% in the second and third quarters to try to consume excess inventory from the current flood of retail channels.

Aside from these, the digital blogger, @Digital Chat Station shared the news that Redmi and Realme may launch new models with Dimensity 8200 and Snapdragon 8+ Gen1 processors next year. Also, Redmi and Realme will be very cost-effective. For more information, click here…

(Via)


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