MediaTek Named IoT Semiconductor Company of the Year

MediaTek Named IoT Semiconductor Company of the Year

Jan 7, 2019 - 8:30 AM - Corporate

MediaTek has kicked-off 2019 on a high! It’s been awarded the “IoT Semiconductor of the Year” award from IoT Breakthrough, an independent organization that rates best companies, technologies and products across the IoT market. With 3,500 submissions from global companies across 10 categories, the competition was fierce, however the organization noted that MediaTek’s role in 5G as a crucial factor in its award:

“MediaTek has not only been a pioneering wireless and IoT chipset leader, they are spearheading the 5G wireless revolution and will play a critical role in the next phase of hyper-connected wireless devices on 5G,” said James Johnson, managing director at IoT Breakthrough.

MediaTek is pioneering IoT solutions through its NB-IoT connected products; Smart TVs and voice assistant devices (VAD) at home; and we've created platforms for location intelligence, smart connected health and fitness wearables, and industrial M2M products. This year we’re also bringing more intelligence into the home through Wi-Fi routers and appliances in order to create a more ubiquitously connected future.

IoT Breakthrough expects the IoT industry to generate 450 Billion in revenue by 2020, powered by 28 Billion connected devices worldwide by 2021, and by 2030 IoT will add 14.2 Trillion added to the global economy.