MediaTek 700 5G chipset for budget and mid-segment smartphones announced MediaTek Dimensity 700

At a virtually held annual summit, chipset maker MediaTek has announced a new Dimensity 700 chipset for the budget and mid-segment smartphones. This along with the recently announced Dimensity 720 chipset can help provide a boost to 5G adoption.

The new Dimensty 700 processor is built on a 7nm manufacturing process and will start shipping out in the first quarter next year. It will be powering devices in the $250 price range. This is an octa-core processor with two Cortex-A76 CPU cores clocked at 2.2Ghz and six Cortex-A55 cores. There is a Mali-G57 MCU GPU, that is also present on the Helio G80 SoCs, to take care of graphic-intensive tasks.