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MediaTek revenue up 17.6% year to year


Wednesday, December 7, 2016

MediaTek Inc (—üᢉÈ), which designs chips for smartphone vendor Xiaomi Corp (¬•Ä), is expected to see its revenue grow by 17.6 percent annually this year, benefiting primarily from strong growth at Chinese smartphone vendors, TrendForce Corp (W–M‰È‹Z) said yesterday.

MediaTek is one of few chip designers that would see its revenue grow by a double-digit percentage from a year earlier, TrendForce said.

The companyfs revenue is to expand to US$8.9 billion this year, compared with U$7.59 billion last year, retaining its position as the worldfs third-biggest chip designer, the Taipei-based market researcher said.

The Hsinchu-based company has a long list of Chinese clients, including Oppo Mobile Telecommunications Corp (Ÿ^à߈ړ®) and Vivo Electronics Corp (ˆÛ—€ˆÚ“®’ʐM).

MediaTek expects its market share in China to rise to between 40 and 50 percent this year, from 40 percent last year.

Realtek Semiconductor Corp (úc), which is also a Hsinchu-based supplier of Wi-Fi and TV chips, is in the worldfs top 10 chip designer list for the first time this year with revenue expected to rise 22.5 percent annually to US$1.25 billion, TrendForce said.

Qualcomm Inc this year retained its position as the worldfs No. 1 mobile phone chipmaker, but its revenue is to shrink 4.5 percent annually from last yearfs US$16 billion to US$15.28 billion, TrendForce said.

Intensifying competition from MediaTek and Chinese rivals, namely Hisilicon Technologies Co (ŠCŽv”¼“±é“) and Spreadtrum Communications Inc (“Wu), is the reason for the decline, TrendForce said.

Qualcommfs revenue was also affected by the recall of Samsungfs flagship smartphone, the Galaxy Note 7, TrendForce said.

HiSilicon Technologies, a chip arm of Huawei Technologies Co (‰Øˆ×), is expected to see its revenue increase 11.8 percent to US$3.98 billion, while Spreadtrum Communications is expected to see its revenue grow by 8.1 percent this year to US$1.91 billion, TrendForce said.

By: DocMemory
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