MediaTek doubles its target for 4G chips to be shipped this year
For the second quarter, MediaTek earned $12.55 billion NT ($418.78 million USD). That represents a healthy 23.8% gain from the first quarter of the year, and a whopping 86.9% gain year-over-year. Gross margin for Q2 rose 1.3 percentage points sequentially, to 49.6%. That is a 6.4pp gain in gross margin year-over-year. For the first half of the year, profits amounted to $22.69 billion NT ($753 million USD).
Growth is expected to continue in the third quarter, as the company estimates that revenue for the period will expand 5% to 13%. Chipset solutions will see increased shipments for the July through September period, according to Hsieh. The executive also says that it will start to "ramp up" production of the MT-6752 and MT-6732 4G chips in October. In December, MediaTek will start shipping its 64-bit, octa-core MT-6795 chip. According to the company president, next-gen 4G entry-level solutions will be ready for shipping as soon as early next year.