MediaTek has seen a fourfold increase in its LTE-enabled SoC shipments in 2015, and the vendor is now looking to the Indian market to drive growth this year. Citing a burgeoning handset market — which saw a 23% increase in sales in Q1 2016 — MediaTek is expecting India to contribute over 10% of its global shipments for 2016.
In a statement to the PTI, MediaTek’s senior director and sales head of emerging markets Arthur Wang said:
India is an important part of our growth story. In 2015, we shipped 400 million chipsets for smartphones and over 33 million were from India. This year, we expect India to contribute over 10 percent to the shipment as the adoption of 4G LTE grows in the country.
Sales of 4G handsets is already growing in India. We are working with leading handset makers like Micromax, Lava, Karbonn, Lenovo and Lyf.
4G will play a key role in the growth of the smartphone segment in the country. Be sure to check out our detailed guide on the 4G ecosystem in India.