Taipei, July 10, 2012 (CENS)--MediaTek Inc. saw its revenue for June rise 2.52% from a month earlier, to NT$7.8 billion (US$270 million at US$1:NT$29), capping the downtrend since April.
The company's revenue for the second quarter was NT$23.4 billion (US$808 million), surging 19.5% from a quarter earlier and meeting the target of NT$22.4-23.5 billion (US$772-810 million).
Industry executives ascribed the encouraging revenue performance mostly to the company's brisk shipments of smarphone chips, which according to the company's plan will amount to 28 million sets in the first half this year alone and 75 million sets by the end of this year.
In the first half this year, the company released smartphone chips MT6575, MT6513, and MT6515. MT6576 is the company's first featuring 1Ghz clock speed for smartphone phones. MT6513 and MT6515 are for quasi-smartphones, or 2G phones.
The company, which is currently Taiwan's No.1 fabless chip vendor, has designated smartphone chips as the primary products of its sales operation throughout this year. In the first quarter, the company shipped 10 million sets of smpartphone chips. The number surged to 18 million sets in the second quarter.
In spite of uncertainty of global economy, the company's chairman, M.K. Tsai, expected that its annual goal of shipping 75 million sets of smartphone chips would be met smoothly.
Industry executives pointed out the company's sales of smartphones will begin to pick up in the third quarter, inspiring the expectations that its sales and earnings for the second half of this year would grow from the first half.
(by Ken Liu)