Generally, no. Modern Android versions and modern processors (ARMv8) do not require this specific 32-bit NEON codec. If you have a new phone, simply updating the MX Player app from the Play Store solves 99% of playback issues.
You can look at the "Releases" or tags section to find older zip files tailored for the 1.13.0 player version. mx player 1130 armv7 neon codec download link