MediaTek expects 10-18% income progress in 2Q21
Cage Chao, Taipei; Joseph Tsai, DIGITIMES
MediaTek expects to publish one other sequential enhance of 10-18% in revenues for the second quarter, with revenues to fall between NT$118.8-127.5 billion (US$4.22-4.53 billion) beneath the alternate fee of US$1 to NT$28.2.
MediaTek has additionally raised its inside income progress and gross margin projections for 2021 to 40% and 44-46%, respectively, and count on the momentum to remain robust in 2022, in accordance with trade sources.
The firm has already begun talks with its upstream provide chain companions about capability help for 2022 and has achieved passable outcomes to this point, the sources mentioned.
MeidaTek reported consolidated revenues of NT$108.03 billion for the primary quarter, up 12.1% sequentially and 77.5% on 12 months, with gross margin arriving at 44.9% and internet earnings NT$25.77 billion, up 73.4% sequentially and 347% on 12 months. The revenues and internet earnings have been each new quarterly information.
MediaTek expects strong income progress in 2021
Photo: Digitimes file photograph
