MediaTek received NT $56.571 billion in September, an increase of 18.1% over the same period last year.

CTOnews.com October 11 news, mobile phone chip manufacturer MediaTek today announced that September consolidated net revenue of NT $56.571 billion (about 12.785 billion yuan), an increase of 18.1% year-on-year, month-on-month growth of 26.56%.

MediaTek's consolidated revenue for the third quarter was NT $142.161 billion (about RMB 32.128 billion), down 8.7% from the previous quarter and up 8.4% from the previous year. The single-quarter performance target was achieved. The cumulative results for the first three quarters were NT $440.601 billion (approximately RMB 99.576 billion), an annual increase of 20.7%.

CTOnews.com understands that according to MediaTek's previous outlook, on a USD-to-NT $29.52 basis, it is estimated that its third-quarter revenue will fall between NT $141.7 billion and NT $154.2 billion, which is about 1% to 9% quarterly, but 8% to 18% annual.