MTK MediaTek yesterday reported net operating income of T$246.2 billion (approximately US$8.16 billion), up 3.4% year-on-year, and nt-a-year net profit of T$23.2 billion (approximately US$770 million), up 11.7% from a year earlier. That’s up 40 percent from 2018 and the highest in three years.
CEO Cai Lihang said at the earnings conference that the crisis has created uncertainty for global economic growth, but should be under control, with 5G, custom chips and in-vehicle electronics three emerging areas of development, MediaTek is still likely to achieve medium- and long-term growth.
For 5G, Cai Lihang expects sales of 5G handsets to reach 170 million to 200 million units by 2020, with 100 million to 120 million 5G handsets in mainland China – a little more optimistic about the full-year sales of 5G handsets than last year’s forecast. Sales have gone up a bit.
Companies that are currently able to develop 5G chips are Qualcomm, Samsung, Huawei Heath and UNISOC, with three other companies, in addition to Huawei, available for external supply, while MediaTek aims to capture 40% of the global market for foreign-purchased 5G chips.
Cai Pointedpointed pointed out that MediaTek’s Tianyi series 5G single chip solution series can support a variety of price range of 5G mobile phones, Dimensity 1000 series aimed at the flagship machine, Tianyi 800 series for high-end mobile phones, the two chips of 5G mobile phones in Q1, Q2 quarter, respectively, shipped, Q3 will have a mid- to low-end Sky5G chip.