MediaTek's September revenue reached NT $36.078 billion, down 36.23% from a year earlier.
CTOnews.com news on October 11, MediaTek announced that its September revenue reached NT $36.078 billion (CTOnews.com Note: currently about NT $8.19 billion), down 36.23% from a year earlier.
MediaTek's cumulative revenue in the first three quarters of this year reached 303.884 billion New Taiwan dollars (currently about 68.982 billion yuan), down 31.03% from a year earlier.
According to previous reports from CTOnews.com, MediaTek CEO Tsai Lixing estimated that the company's revenue in the third quarter is expected to return to the NT $100 billion mark, reaching NT $102.1 billion to NT $108.9 billion, an increase of 4% Mel 11% from the previous month. Judging from the current data, MediaTek's third-quarter revenue exceeded NT $110 billion, exceeding expectations.
Cai Lixing said that revenue and gross profit margin in the second quarter were above the company's target, while the performance of the three major product lines, including mobile phones, smart devices and power management chips, grew synchronously.
As for the third-quarter results, Cai Lixing pointed out that the revenue performance of smartphones, connected chips and power management chips is expected to improve, which will slow the impact of the decline in smart TVs and other consumer products. In the market cycle, MediaTek will continue to strike a balance between market share, revenue and profitability.
MediaTek recently announced that the development of its first TSMC flagship chip produced by TSMC's 3nm process is progressing smoothly and has been successfully taped out a few days ago and is expected to be mass produced next year.
