General

MediaTek announced the results of its work in August

MediaTek announced the results of its work in August. According to the company, revenue in August increased by

4.4% compared to August last year and by 9.3% compared to July this year, amounting to 44.7 billion Taiwan dollars. At the same time, the company forecasts a decrease in revenue in the third quarter relative to the second, but expects growth compared to the results of last year. MediaTek previously reported that revenue for the first seven months of 2022 increased by 23.8% to NT$339.3 million. The company notes that the growth in demand for its processors has slowed down, and the growth predicted earlier for the year will be reduced from 20% to 17%. At the same time, MediaTek's gross profit remains at a high level and will be between 48% and 50%.