MediaTek's net revenue in March was NT $42.958 billion, an increase of 41.73% over the previous month.

According to news from CTOnews.com on April 10, MediaTek announced that its net revenue in March was NT $42.958 billion (CTOnews.com Note: currently about RMB 9.709 billion), down 27.4% from the same period last year and an increase of 41.73% from the previous month. In the first quarter of this year, MediaTek's cumulative revenue was NT $42.958 billion, down 32.98% from the same period last year.

In February this year, MediaTek's revenue was NT $30.31 billion, down 24.3 per cent from a year earlier. In January this year, MediaTek's consolidated revenue was NT $22.383 billion, down 42.1 per cent from the previous month and 48.5 per cent from a year earlier.

Tsai Lixing, CEO of MediaTek, said at the legal conference that there was an opportunity for business to improve in the second quarter. At this stage, we have seen a slight pick-up in demand for TVs and WiFi, and the first quarter of this year is expected to be the lowest point for MediaTek's annual operation.

In addition, Cai Lixing expects more flagship mobile phone chips to be unveiled and infiltrate into more markets, the market share of flagship mobile phones will continue to increase in 2023, and 5G penetration will benefit from emerging markets such as India and Southeast Asia. It is expected to increase to 55% from nearly 50% last year.