MediaTek's revenue in February reached NT$ 46.1 billion, setting a new record for the same period

MediaTek's revenue in February was NT$ 46.172 billion, an increase of 19.98% compared to the same period last year, setting a new record for the same period in history. The cumulative revenue for the first two months was NT$ 97.316 billion, a year-on-year increase of 17.28%. It is expected that revenue in the first quarter will reach NT$ 140.8 billion to NT$ 151.8 billion, with NT$ 43.5 billion needed in March to achieve the target. In response to market demand, MediaTek is optimistic about its performance in the first quarter but has not provided revenue growth estimates for 2025. It is expected that global smartphone shipments in 2025 will remain the same as in 2024, and revenue from WiFi 7 products is expected to grow by more than 100%