MediaTek

57.6% is the sequential increase MediaTek has posted, with close to 11% increase year-over-year, according to a recent report. These numbers directly translate to a six-month high, or NT$22.32 billion (US$723.5 million), as of March 2019.

While the financial revenue numbers represent a 13.4% decrease compared to the previous quarter, they are up 6.2% on year. DigiTimes reports that “the results meet the company’s guidance range of NT$48.7 billion to NT$53.6 billion“.

Rick Tsai, CEO of MediaTek, believes that the growth of the smartphone market will remain slow until 5G smartphones gain traction. However, the company is planning big on 5G, with MediaTek planning to announce a 5G modem chip in the first half of 2019. A 5G MediaTek SoC will also arrive at the end of the year.




Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet.

Contact: [email protected]

You May Also Like
Pixel Pass
Pixel Pass may be your best choice to get a new Google Pixel 6 device
Check out everything you can get with the recently announced Pixel Pass, Google’s new service bundle subscription program
Samsung Unpacked 2
Samsung’s new teaser video hints more color options for your foldables?
Check out Samsung’s latest teaser video, which makes us believe we could get more color options in the company’s latest foldable devices
HUAWEI moovit nova launch
HUAWEI to launch nova series, selects Moovit as Mobility Partner to help attendees get around
HUAWEI has partnered with Moovit to help people move around at the nova series physical launch event in Vienna.