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24-Aug-2020 05:08

On 11 April 2012, Media Tek acquired Coresonic, a global producer of digital signal processing solutions based in Linköping, Sweden.Coresonic is now a wholly owned subsidiary of Media Tek in Europe.It's a 'true octa core' chip with eight ARM Cortex-A7 application processor clocked up to 1.7–2.0 GHz and Mali-450 MP4 GPU clocked at 700 MHz.There is no on-board LTE modem but it includes NFC radio. Media Tek has subsequently introduced additional products using a "true octa-core" CPU configuration using Cortex-A53 cores, with support for ARM's 64-bit ARMv8-A architecture, including the MT6752 clocked at 1.7 GHz and the high-end MT6795 clocked up to 2.2 GHz.

At Mobile World Congress 2014, Media Tek unveiled its new brand “Everyday Genius”, dubbing the term “Super-mid market”, with the vision and aiming to make smartphones more accessible affordable to the wider market.Smartphone and tablet solutions contributed to Media Tek's sales and income increase in 2013, while revenue recognition from the acquisition of MStar Semiconductor, which became effective in February 2014, as well as a continuing strong position for smartphone and tablet solutions, are the main reasons for the sales growth seen in 2014.Media Tek's stock has been trading on the Taiwan Stock Exchange under the symbol TWSE: 2454.Most octa-cores were sold in China, while the export market (chips sold directly to manufacturers in countries such as India) was dominated by dual-core.

In terms of baseband technology (smartphones only), WCDMA was 50-55%, TD 25-30% and EDGE 10-15%.

In more recent times, the stock peaked at NT0 in January 2010, and saw a low point in August 2011 at NT1.