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.
Asian chipmakers rush to boost production to meet global shortage Toggle share menu
Advertisement
Asian chipmakers rush to boost production to meet global shortage
FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang
08 Feb 2021 04:35PM (Updated:
08 Feb 2021 07:40PM) Share this content
Bookmark
TAIPEI/SEOUL: Asian chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that the supply gap may take many months to plug as they struggle to keep up with strong demand.
Asian chipmakers rush to boost production to meet global shortage - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that th.
Vanguard boosts capacity with NT$1bn of equipment
By Lisa Wang / Staff reporter
Contract chipmaker Vanguard International Semiconductor Corp (世界先進) yesterday said that it has acquired NT$1.06 billion (US$37.34 million) of manufacturing equipment from ASML Hong Kong Ltd’s Taiwan branch so that it can expand capacity to meet voracious demand.
The encouraging message came as a severe chip shortage has forced automakers to suspend production and trim shipments. Lockdowns amid the COVID-19 pandemic have kept people at home, boosting the demand for chips.
Vanguard, which supplies power management chips and driver ICs for flat panels, said in a filing with the Taiwan Stock Exchange yesterday that the newly sourced equipment would be used to add to production capacity amid an increase in customer orders.