Taiwanese fabless semiconductor company MediaTek has announced that it is reducing the projected 5G smartphone sales from over 200 million to between 170-200 million in 2020 due to the ongoing coronavirus crisis in China.
China is a major market where it expects most 5G smartphones to be shipped.
As per the report, MediaTek predicts China will still ship around 100-120 million 5G smartphones this year, accounting for a global market share of 60 percent, news portal GizmoChina reported on Monday.