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

CTOnews.com February 12 news, financial data show that chip maker MediaTek in January revenue ratio reduction and year-on-year reduction of more than 40%, to nearly 32 months low.

Specifically, MediaTek's consolidated revenue in January was 22.383 billion New Taiwan dollars (currently about 5.059 billion yuan), down 42.1 percent from the previous month and 48.5 percent from the same period last year. Revenue in the first quarter is expected to be 93 billion New Taiwan dollars (currently about 21.018 billion yuan) to 101.7 billion New Taiwan dollars (currently about 229.84 billion yuan), down 6 percent from a month earlier and down 29 percent from a year earlier.

For comparison, MediaTek's revenue and profits hit record highs in 2022, with consolidated revenue of NT $548.796 billion (currently about 124.028 billion yuan), breaking the NT $500 billion mark for the first time, an increase of 11.2% over the same period last year.

Tsai Li-hang, CEO of MediaTek, said at a legal conference held last week 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 MediaTek's annual operating low.

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.

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