MediaTek’s 5G handset sales projection for 2020 affected by the coronavirus

Unfortunately, due to the coronavirus outbreak in China, demand from the Chinese market for chips is expected to decline. According to Digitimes, as well, as the Chinese market is generally absorbing almost 60% of the company’s global chip sales.

As a consequence, the chip manufacturer has decided to lower its global 5G handset sales projection for 2020. Initially, sales were estimated to amount to more than 200 million units, but this number has now been slightly adjusted down to 170-200 million units.

However, MediaTek appears to not be concerned in regards to this change. MediaTek’s ...