MediaTek eyes premium Android phone market with new 5G chip

Chip designer MediaTek Inc on Thursday released a new 5G smartphone chip that it hopes will be used in premium-priced Android smartphones, a market Qualcomm Inc currently dominates.

Along with Qualcomm and Samsung Electronics Co Ltd, MediaTek is one of only three firms in the world that makes 5G smartphone chips. The fourth major player - Huawei Technologies Co Ltd, which also made its own phones - was forced out of the market by U.S. sanctions. David Ku, MediaTek's chief financial officer, said the 9000 chip was the first in what will be a series of chips aimed at persuading those customers to switch to using MediaTek in their flagship devices.

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