The MediaTek media contact was out of the office and unavailable for comment.
MediaTek is also readying samples of its new handset-use PWN solution, which use ICs from Global Media Technology, in the second quarter, according to the paper.
The company currently does not offer any handset-use PWN solutions.
Merrill Lynch on February 22 upgraded its rating of MediaTek from sell to buy, thanks to anticipated revenues from the companys new products. The US investment bank anticipates MediaTeks handset ICs and new LCD-TV solution will offset its weak ODD (optical disc drives) IC sales by the end of this year. The handset-IC segment will account for 18% of MediaTeks revenues in 2006, up from 3% last year, according to Merrill Lynch. The investment bank also projects that revenues from the LCD-TV controller segment will contribute 2% to revenues in the second half of this year and climb to 7% in 2006.
More than 50% of Chinas own-brand MP3 handsets currently use MediaTek solutions, JP Morgan said, adding that the IC design firm also secured a number of handset customers from Taiwan and South Korea. Most of the handset models using MediaTek chips are sold in China, Southeast Asia and Eastern Europe at present, the investment bank said.
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