Mediatek Dimensity 9400 Launches in October, 50% Revenue Growth

Mediatek is preparing to unveil its new flagship System-on-Chip (SoC), the Dimensity 9400 series, scheduled for release in October 2024. According to recent remarks from Mediatek CEO Cai Lixing, this cutting-edge mobile platform is engineered to optimally support the majority of large language models available today. The company projects a remarkable 50% year-over-year revenue growth for its flagship Dimensity mobile processors.

In the context of the global smartphone market, Cai Lixing forecasts a modest single-digit percentage increase in smartphone shipments for the year. Furthermore, the global 5G adoption rate is anticipated to reach 61%-63%.

Cai highlighted that the Dimensity 9300 series has been successfully integrated into numerous 5G AI smartphones throughout the year. The upcoming Dimensity 9400 is expected to be introduced with a greater number of initial device models compared to its predecessor, with customer feedback indicating strong positive reception. This suggests significant potential for revenue growth in 2024.

The Dimensity 9300 series played a pivotal role in propelling Mediatek's flagship smartphone chip revenue to $1 billion in 2023, marking a notable 70% increase from the previous year. Cai anticipates that the Dimensity 9400 will replicate this success, thanks to its advanced SoC design.

The Dimensity 9400 will be manufactured using a 3nm process and Arm v9 cores, incorporating Mediatek's proprietary full-core architecture. This will deliver substantial enhancements in both performance and energy efficiency. Additionally, the SoC features improved generative AI capabilities, with numerous ecosystem partners actively developing generative AI functionalities. This advancement is expected to be a key factor in shortening smartphone product cycles.

Mediatek is also collaborating with NVIDIA on its first automotive chip, slated for introduction in early 2025. NVIDIA will provide the GPU IP, while Mediatek will supply the CPU and ISP components. Although specific details are not yet available, significant progress in the automotive sector is projected for 2027-2028.