MediaTeks quarterly revenue rose nearly a quarter

MediaTek’s quarterly revenue rose nearly a quarter

MediaTek reported its development in the second quarter of this year: Revenue increased significantly, mainly due to good sales of 5G mobile chips.

    Image source: Mediatek

Image source: Mediatek

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.

    Image source: Counterpoint Technology Market Research

Image source: Counterpoint Technology Market Research

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.

About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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