Networking IC design specialist Realtek Semiconductor noticed its revenues hit a document excessive of NT$12.83 billion (US$415.Eight million) within the first quarter of 2019.
Realtek reported consolidated revenues elevated 22.2% sequentially and 21.6% on 12 months to NT$4.49 billion in March 2019. Consolidated gross sales for the primary quarter represented will increase of seven.5% on quarter and 20.8% from the identical interval in 2018.
Realtek’s revenues hit a document excessive for the seventh consecutive 12 months in 2018, when consolidated gross sales grew 9.9% on 12 months to NT$45.81 billion.
Market watchers anticipate Realtek to take pleasure in one other 12 months of record-high revenues in 2019, due to strong demand for communication and multimedia merchandise.
