MediaTek launches 5G chip aimed at gaining U.S. market share

Taiwanese chip designer MediaTek Inc on Monday released a new 5G chip aimed at helping it gain market share in the United States.

Along with Qualcomm Inc and Samsung Electronics Co Ltd, MediaTek is one of the few suppliers of modem chips that help devices such as smart phones connect to cellular data networks. The company supplies chips to phone makers such as Xiaomi Corp and LG Electronics Inc, among others.

To date, though, MediaTek’s 5G chips have been compatible with only the “sub-6” variant of 5G networks, which is the variety being widely used in countries such as China.