MediaTek's 3rd quarter revenue hit a record high NT$168.06 billion, up 18.2% year-on-year and up 10.2% over the 2nd quarter, media report, also exceeding the top end of guidance (NT$159.8B).
MediaTek is benefitting from the launch of two powerful smartphone chips, Dimensity 9600M, made on TSMC 3nm, and Dimensity 9600 Pro, made on TSMC 2nm.The company has said it expects global smartphone shipments to fall around 15% this year, but its business has been boosted by new work in custom ASIC design. $Alphabet(GOOGL.US) #mediatek #semiconductorsSource: Dan Nystedt
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