IC design leader MediaTek announced its May financial report. MediaTek’s revenue this month was NT$52.076 billion, a monthly decrease of 1.04% and an annual increase of 26.01%, which is a single-month history. The third highest and a new high for the same period; the cumulative revenue in the first five months of this year reached 369 billion USD, an annual increase of 33%.
JOIN US ON TELEGRAM
Moreover, MediaTek expects revenue in the second quarter to be between 219 billion and 234 billion USD, a quarterly increase of 3% to 10%, and an annual increase of 17% to 25%. The three major revenue categories will be higher than in Q1.
Furthermore, the growth has continued to challenge the single-quarter record high. In addition, the operating gross profit margin is estimated to be 47.5% to 51%, which is also at a high level.
At present, MediaTek’s cumulative revenue in April and May is NT$104.7 billion, reaching about 73% of the revenue in the first quarter of this year. If the same level of revenue continues, it is expected that this quarter’s revenue will achieve a new quarterly increase.