MediaTek’s August monthly revenue was NT$42.26 billion, a year-on-year decrease of 5.47%

According to news from this site on September 8, MediaTek announced today its revenue data for August 2023. August revenue was NT$42.26 billion (Note from this site: currently about NT$9.678 billion), year-on-year Reduced by 5.47%.

From January to August this year, MediaTek’s cumulative revenue was NT$267.806 billion (approximately NT$61.328 billion), a year-on-year decrease of 30.26%

According to previous reports on this site, MediaTek CEO Cai Lixing predicts 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 approximately NT$23.381 billion-NT$24.938 billion) yuan), a month-on-month increase of 4%-11%.

Cai Lixing said that in the second quarter, both revenue and gross profit margin reached the mid-point of the company's target, and the performance of the three major product lines, including mobile phones, smart devices and power management chips, grew simultaneously.

Regarding the third quarter performance, Cai Lixing pointed out that the revenue performance of smartphones, networking chips and power management chips is expected to improve, which will slow down 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 Dimensity flagship chip produced using TSMC's 3nm process is progressing very smoothly. has been successfully tape-out a few days ago and is expected to be mass-produced next year.

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