MediaTek targets $45 billion customized AI accelerator market by 2028

MediaTek said that benefiting from industry trends such as generative AI, Wi-Fi 7 and 10GPON upgrades, the company will seize mid- to long-term growth opportunities and target the customized AI accelerator market, which could reach $45 billion in 2028. At the same time, the company's tablet product portfolio has also increased demand due to the introduction of more generative AI, driving revenue growth. In the automotive market, MediaTek's automotive products have successively won smart cockpit chip projects from China's first-tier car manufacturers.