MediaTek’s Revenue in September this Year Increased by 61.18%: substantial purchase by Huawei

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Today, MediaTek announced its September revenue. The company achieved revenue of NT$37.866 billion (approximately RMB 8.861 billion), a year-on-year increase of 61.18% and a month-on-month increase of 15.74%. The announcement also pointed out that from January to September this year, MediaTek achieved revenue of NT$225.741 billion, a year-on-year increase of 24.37%.. For the crazy growth in performance, there is no doubt that Huawei’s credit is due. You must know that MediaTek’s August consolidated net sales totaled 32.716 billion Taiwan dollars, an increase of 22.57% from July’s net sales of 26.692 billion Taiwan dollars and a year-on-year increase of 41.98 %. Industry insiders bluntly say that MediaTek’s revenue record high is mainly due to the US ban and the accelerated popularity of 5G mobile phones. MediaTek previously stated that MediaTek currently occupies a good position in the global 5G market and will complete 5G full photo coverage within 3 quarters, especially the release of Dimensity series chips, which has promoted the company's revenue growth. MediaTek released its high-end chip Dimensity 1000 in the fourth quarter of 2019, Dimensity 800 series in the second quarter of 2020, and Dimensity 720 in July this year.

In addition, because of the US ban on Huawei, Huawei has expanded its demand for sourcing from MediaTek. MediaTek is sprinting for Huawei's 5G chip shipments. With other 5G mobile phones entering the peak season, MediaTek's revenue will continue to hit new highs this year. According to previous reports, MediaTek has cooperated with Intel to provide 5G connection for Intel personal computers with the T700 5G modulator that has successfully completed 5G independent networking calls in actual test scenarios. At the same time, MediaTek will also provide 5G baseband for AMD Ryzen notebooks. Chips, and work with AMD to develop wireless network card products.

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