Friday, July 8, 2016

MediaTek reports revenue hit all-time high in June

Handset chip designer MediaTek Inc (聯發科) yesterday reported quarterly growth of about 30 percent in second-quarter revenue after revenue hit an all-time high last month, underpinned by rebounding demand for 4G smartphones in China and emerging markets.
Revenue last month rose 0.95 percent from May to NT$24.87 billion (US$769.83 million), which brought revenue for the quarter that ended last month to NT$72.53 billion, MediaTek said.
MediaTek, which counts several Chinese handset vendors among its clients, generated NT$55.91 billion in revenue in the first quarter.
The second-quarter figure fell in the high end of the company’s revenue forecast, which ranged from NT$69.3 billion to NT$73.8 billion, but surpassed HSBC Securities Taiwan Corp analyst Yolanda Wang’s (王郁雅) projection of NT$71.44 billion and the NT$71.29 billion predicted by Macquarie Capital Securities Ltd’s Patrick Liao (廖光河).
Accelerating migration to 4G handsets in China and developing markets is to drive revenue growth in the second half and for the whole year of this year, MediaTek chairman Tsai Ming-kai (蔡明介) said last week, adding that a shortage of chips would extend into September.
MediaTek’s chip packaging services provider, Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), yesterday said consolidated revenue last month grew 5.7 percent from May’s NT$20.6 billion to NT$21.77 billion.
In the second quarter, ASE’s consolidated revenue grew 0.4 percent quarter-on-quarter from NT$62.37 billion to NT$62.6 billion.
Revenue from its core businesses, chip testing and packaging services, increased 8.3 percent quarter-on-quarter from NT$35.54 billion to NT$38.5 billion in the second quarter, in line with the company’s expectation of “mild sequential growth.”
Separately, United Microelectronics Corp (UMC, 聯電), the world’s No. 2 contract chipmaker, yesterday posted record revenue of NT$13.53 billion for last month, with quarterly revenue growing 7.56 percent from NT$34.4 billion in the first quarter to NT$36.97 billion.
However, Vanguard International Semiconductor Corp (世界先進), which makes controller chips for LCD panels, and memorychip maker Marconix International Co (旺宏電子) reported that monthly revenue last month declined 4.6 percent to NT$2.21 billion and 2.3 percent to NT$1.7 billion respectively.
In the second quarter, Vanguard reported that quarterly revenue increased 4.02 percent from NT$6.22 billion to NT$6.47 billion, while Macronix’s quarterly revenue expanded 1.77 percent from NT$5.09 billion to NT$5.18 billion.

http://www.taipeitimes.com/News/biz/archives/2016/07/08/2003650564

No comments:

Post a Comment