MediaTek is launching a mobile processor more capable of handling agentic AI tasks on devices, positioning to better compete with Qualcomm. The new Dimensity 9500 will provide users with better summaries of calls and meetings, improved output from AI models and superior 4K photos, the Taiwanese company said in a statement. MediaTek’s processor, meanwhile, is expected to give Xiaomi’s rivals including Vivo a boost in the premium segment. But the global smartphone market will only grow 1%-2% in 2025, MediaTek executives told reporters last week. Separately, the Taiwanese company is preparing to place chip orders for automotive and more sensitive applications with TSMC’s Arizona plant as some US customers have security concerns, according to the executives.