The company’s revenue rose 61.18 percent year-on-year in September from a year earlier: it was completed by Huawei’s big purchases.

Today, The company reported revenue for September of NT$37.866 billion (RMB8,861 million), up 61.18 percent year-on-year and 15.74 percent month-on-month. The announcement also noted that from January to September this year, MediaTek achieved revenue of NT$225.741 billion, up 24.37 percent year-on-year.

The company's revenue rose 61.18 percent year-on-year in September from a year earlier: it was completed by Huawei's big purchases.

Huawei is no doubt to the credit for the frenzied growth, noting that The combined net sales of The Company in August totalled T$32,716 million, up 22.57 percent from T$26,692 million in July and up 41.98 percent year-on-year.

Industry insiders say The company’s record revenues are largely due to the U.S. ban and the accelerated popularity of 5G handsets.

MediaTek has previously said that MediaTek currently occupies a better position in the global 5G market, in three quarters to complete the 5G full photo line coverage, especially the release of the Tian’an series of chips, to promote the company’s revenue growth. MediaTek will release the High-End Chip Dimensity 1000 from the fourth quarter of 2019, the Tianye 800 series in Q2 2020, and the Tianye 720 in July this year.

In addition, because of the U.S. ban on Huawei, Huawei to Expand the demand for Concord, The Company is in the process of shipping Huawei 5G chips and sprinting, plus other 5G mobile phones to pull into the peak season, The Company’s revenue this year will continue to reach new highs.

It has also been reported that MediaTek has cooperated with Intel to provide a 5G-connected T700 5G modulator for Intel PCs, which has successfully completed 5G stand-alone network calls in the actual test scenario, while MediaTek will also provide 5G baseband chips for AMD Ryron notebooks and work with AMD to develop wireless network card products.