Mediatek doing well

Stefan Mileschin · 13th September 2018, 10:06

21 month high

Consolidated revenues at MediaTek increased to a 21 month high of $762.3 million in August.

MediaTek's consolidated revenues for August 2018 represented increases of 15 percent sequentially and 4.5 percent on last year. Consolidated sales for July and August totalled $1.43 billion

MediaTek expects to post revenues of $2.02 billion in the third quarter, up 3-11 percent on the quarter. Weaker than expected demand for smartphones led to the less optimistic sales outlook for the quarter, the company said previously.

MediaTek disclosed its cumulative 2018 revenues slipped about one percent from a year earlier to NT$5 billion.

MediaTek forecast revenues will decrease slightly in 2018, when combined shipments of its smartphone and tablet-use SoCs will register a mild drop. However, gross margin will improve in 2018 thanks to the roll-outs of new mobile SoC products and the company's efforts for diversification.

https://fudzilla.com/news/pc-hardwar...tek-doing-well

13th September 2018, 10:06	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Mediatek doing well 21 month high Consolidated revenues at MediaTek increased to a 21 month high of $762.3 million in August. MediaTek's consolidated revenues for August 2018 represented increases of 15 percent sequentially and 4.5 percent on last year. Consolidated sales for July and August totalled $1.43 billion MediaTek expects to post revenues of $2.02 billion in the third quarter, up 3-11 percent on the quarter. Weaker than expected demand for smartphones led to the less optimistic sales outlook for the quarter, the company said previously. MediaTek disclosed its cumulative 2018 revenues slipped about one percent from a year earlier to NT$5 billion. MediaTek forecast revenues will decrease slightly in 2018, when combined shipments of its smartphone and tablet-use SoCs will register a mild drop. However, gross margin will improve in 2018 thanks to the roll-outs of new mobile SoC products and the company's efforts for diversification. https://fudzilla.com/news/pc-hardwar...tek-doing-well

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
MediaTek does better than expected	Stefan Mileschin	WebNews	0	12th July 2018 11:59
MediaTek might get into price war with Qualcomm	Stefan Mileschin	WebNews	0	15th August 2017 14:37
MediaTek releases IoT MT2625 SoC	Stefan Mileschin	WebNews	0	30th June 2017 10:57
MediaTek to launch 2.5 GHz Helio P25	Stefan Mileschin	WebNews	0	8th October 2016 14:30
Xbox One S Wi-Fi comes from MediaTeK	Stefan Mileschin	WebNews	0	2nd September 2016 06:29
MediaTek gets into the car race	Stefan Mileschin	WebNews	0	6th June 2016 19:42
MediaTek partners with NavInfo	Stefan Mileschin	WebNews	0	15th May 2016 18:34
MediaTek Announces New Helio P20	Stefan Mileschin	WebNews	0	24th February 2016 15:12
Tsinghua eyes up MediaTek	Stefan Mileschin	WebNews	0	4th November 2015 11:14
MediaTek at MWC 2015	Stefan Mileschin	WebNews	0	9th March 2015 07:47