Shulou(Shulou.com)11/24 Report--

CTOnews.com May 31 news, according to Kuiheng reported that MediaTek held a shareholders' meeting today, expected to resume growth in mobile phone business next year, and said that non-mobile phone business will also play an important role.

Cai Mingjie, chairman of MediaTek, said that mobile phones, non-mobile phones and power management are the company's three major businesses. Although the demand in the mobile phone market continues to be weak this year, it is believed that growth will gradually resume in the next two years under the stimulation of the economic cycle. At the same time, there are also many new development opportunities in the field of automotive and computing in the future. at present, the company's revenue from non-mobile business is on a par with the contribution of mobile business. MediaTek will continue to promote product portfolio diversification and maintain steady growth.

Cai Lixing, vice chairman and CEO of MediaTek, said that the structural growth trend of the global digital transformation remains robust, and semiconductors will play a key role in innovation and technology, driving the continuous growth of demand for all kinds of wired and wireless connections, AI, multimedia and low-power processors.

For future development, MediaTek said that it will actively deepen cooperation with global customers in the areas of the Internet of things, mobile computing, XR, ASIC and in-car chips, expand the global market, actively participate in standards organizations and launch a new generation of technologies.

CTOnews.com learned from MediaTek officials that at the shareholders' meeting, MediaTek also announced that Lin Xiaru, former managing director of Goldman Sachs, had joined the board as an independent director, expanding the number of directors to nine, four of whom were independent directors.

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