Taiwanese chip maker MediaTek has shown significant growth over the past year. With the release of the Dimensity 8000 and 9000 series, MediaTek has seen a positive response from OEMs wishing to include MediaTek’s top tier Dimensity chips in their flagships. Thanks in part to this, the company’s revenues increased by 33%. Oppo, Realme, OnePlus, vivo, Xiaomi and Honor have all recently released smartphones that equip these chipsets.
MediaTek reported that its May revenue was approximately TWD 52.1 billion (~ $ 1.75 billion), down 1% from April, but up 26% year-on-year and beyond. 50 billion TWD (~ $ 1.68 billion) for three consecutive months. The company’s revenues during the first five months of the year increased 33% to TWD 247.4 billion (~ $ 8.32 billion) with no pressure to meet the second quarter quarterly target.
MediaTek is not expected to see this trend continue throughout June. Revenue is expected to slow slightly as the smartphone market begins to shift towards price adjustment and supply chains for global inflation, and OEMs are expected to reduce orders.
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