MediaTek announced on July 23 that the new 5G chip, Dimensity 720, has been adopted by phone makers including Huawei, Xiaomi, and OPPO.
The Dimensity 720, unveiled on Thursday, uses TSMC's 7nm process, integrates a low-power 5G baseband, and supports MediaTek's 5G UltraSave power-saving technology.
MediaTek unveils new chip that is expected to further drive down price of 5G phones
MediaTek said the chip is positioned in the mid- to high-end market and will promote the popularity of 5G technology.
Industry insiders believe that the Dimensity 720's entry into the Chinese mainland market, the main competition is Qualcomm's Snapdragon 690, which was launched last month.
Previously, MediaTek had launched the Dimensity 800 series of 5G chips. Analysts predict that these chips are expected to start shipping in large quantities this quarter, with peak shipments from the fourth quarter to the first quarter of next year.
