Mobile + telecom
Highlights of the day: Handset sales recovering in China

The handset market in China is recovering, with shipments staging a strong rebound in January ahead of the Lunar New Year holidays. January handset shipments in China almost doubled compared to the same month last year. Mobile SoC vendor MediaTek, who has a strong presence in the China market, saw its January sales soar almost 80% on year. MediaTek has recently unveiled its mmWave-enabled M80 5G modem chip, which is expected to heat up competition in the mmWave SoC solution market in the second half of 2021.

China handset sales rebound in January: Shipments of handsets staged a significant rebound in the China market in January, fueled by seasonal demand ahead of the Lunar New Year holiday and the rollouts of new budget 5G phones by Chinese vendors, according to industry sources.

MediaTek sees January revenue soar nearly 80%: Mobile SoC specialist MediaTek saw its January revenue surge nearly 80% from the same period in 2020.

Competition in 5G mmWave SoC market to heat up in 2H21: MediaTek's recently announced mmWave-enabled M80 5G modem chip is likely to fuel competition in the mmWave SoC solution market in the second half of 2021.

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