MediaTek's shipments of 4G LTE chips are expected to increase robustly in 2015, according to company president Hsieh Ching-chiang.

China Mobile, China Unicom and China Telecom are all gearing up to boost their 4G subscriber counts in 2015, said Hsieh, adding an estimated 60-70% of 3G users in China will switch to 4G.

MediaTek is set to ship more than 30 million 4G smartphone chips in 2014, Hsieh disclosed. Shipments of 4G chips will account for about 20% of the company's overall handset-IC shipments in 2014, Hsieh said.

Market watchers project MediaTek will ship more than 100 million solutions for LTE smartphones in 2015. LTE chips are set to account for more than 50% of MediaTek's overall smartphone IC shipments in 2015, according to the watchers.

In addition, Hsieh revealed MediaTek is scheduled to roll out a new generation of 4G SoCs in the second quarter of 2015. The launch of the new products will buoy the company's gross margin performance, Hsieh said.

In other news, MediaTek has reported consolidated revenues of NT$16.77 billion (US$538.9 million) for November 2014, the lowest level in five months. Its cumulative 2014 sales through November increased 59.4% on year to NT$195.99 billion.