At an annual virtual summit, chipmaker MediaTek announced a new Dimensity 700 chipset for budget and mid-range smartphones. This, combined with the recently announced Dimensity 720 chipset, may help drive 5G adoption. The new Dimensty 700 processor is based on a 7nm manufacturing process and will start shipping in the first quarter of next year. It will power devices in the €250 price range. It is an octa-core processor with two Cortex-A76 processor cores clocked at 2.2 GHz and six Cortex-A55 cores. There is a Mali-G57 MCU GPU, also present in the Helio G80 SoCs, to support graphics-intensive tasks. The highlight of this chipset is 5G connectivity and MediaTek claims that the Dimensity 700 SoC supports 5G carrier aggregation (2CC 5G-CA) and 5G dual SIM. You'll also benefit from Dual Watch and new Voice Over Radio (VoNR) that offers improved audio quality compared to previous generation chipsets. It will come with 5G NR global band support and MediaTek's “5G UltraSave” power saving technology. (Image credit: Mediatek) True to the competition, this chipset will be able to support single 48MP or 64MP cameras and offer an enhanced photography experience through AI-driven features like AI-bokeh, AI-color, and AI-beauty in addition. of multi-frame noise reduction. The chipset will support a 90Hz refresh rate, which is standard today in most mid-range smartphones, FHD+ resolution, and supports up to LPDDR4X. MediaTek also mentioned that this processor supports multiple digital assistants like Alexa, Google Assistant, etc. The chipset will also offer support for GPS, Wi-Fi 5, Bluetooth 5.1 and support for the Indian GPS navigation system NAVIC will also be present.