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MediaTek posts 78% revenue hike - Taipei Times

MediaTek posts 78% revenue hike By Lisa Wang / Staff reporter Handset chip designer MediaTek Inc (聯發科) on Tuesday posted consolidated revenue of NT$35.33 billion (US$1.24 billion) for last month, its second-highest monthly revenue on record. Thanks to growth in mobile computing, the Internet of Things and smart applications, revenue rose 78.29 percent from a year earlier and 8.96 percent from December last year. The company last month forecast that its first-quarter revenue would reach NT$96.4 billion to NT$104.1 billion, flat or up 8 percent from last quarter. The MediaTek Inc logo is pictured outside the firm’s headquarters in Hsinchu on May 15 last year. The handset chip designer on Tuesday posted consolidated revenue of NT$35.33 billion for last month, its second-highest monthly revenue on record.

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