MediaTek reported its development in the second quarter of this year: Revenue increased significantly, mainly due to good sales of 5G mobile chips.
From April through June, MediaTek generated approximately $5.5 billion in revenue. That’s about a quarter (23.9%) up from the same period last year, when revenue was $4.5 billion. On a quarterly basis, growth was about 9.1%.
In the smartphone chips segment, sales were approximately $3.0 billion, or 54% of total sales. In monetary terms, revenue grew 16.5% year over year and 12% quarter over quarter. We are talking about good demand for 5G processors from the Dimensity 9000 and Dimensity 8000 families.
Another 38% of MediaTek’s total revenue came from smart edge products: Wi-Fi 6 chips, cellular modems, custom integrated circuits for gaming consoles, and other products. Annual growth is 33%.
In the current quarter, the company expects a maximum of $5.2 billion, a minimum of $4.8 billion in revenue, down 1-9% from the second quarter of the year. The reasons for the negative momentum are the current geopolitical situation, the decline in the Chinese market and the general fall in consumer confidence.