MediaTek’s September revenue fell 36.23% to NT$36.078 billion

According to news from this site on October 11, MediaTek announced that its revenue in September reached NT$36.078 billion (Note from this site: currently about NT$8.19 billion), decreased by 36.23% year-on-year.

MediaTek’s cumulative revenue in the first three quarters of this year reached NT$303.884 billion (currently approximately NT$68.982 billion), a year-on-year decrease of 31.03%.

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$1021 billion - NT$108.9 billion, a month-on-month increase of 4%-11%. Judging from the current data, MediaTek’s third-quarter revenue exceeded NT$110 billion, exceeding the expected figure.

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 progress of its first Dimensity flagship chip produced using TSMC's 3nm process is very smooth. has been successfully tape-out a few days ago and is expected to be mass-produced next year.

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