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

CTOnews.com August 10 news, MediaTek today released a turnover announcement for July 2023, with consolidated revenue of 31.763 billion New Taiwan dollars (CTOnews.com Note: currently about 7.21 billion yuan), down 16.8 percent from the previous month and 22.3 percent from the same period last year.

MediaTek's cumulative consolidated revenue in the previous July was 225.55 billion New Taiwan dollars (currently about 51.2 billion yuan), down 33.5% from a year earlier.

▲ Tu Yuan MediaTek official website according to CTOnews.com previously reported that 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-108.9 billion (currently about NT $23.381 billion-24.938 billion yuan), an increase of 4% over the previous month. 11%.

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.

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