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MediaTek CEO: 2023 revenue is expected to reach 19 billion US dollars

According to Taiwan Media Central News Agency, MediaTek CEO Cai Lixing said today that this year’s revenue is expected to reach 19 billion US dollars (about 136.61 billion CNY), and the revenue has doubled in the past 4 years, and the operating net profit will also increase by 4.5%. times. Among them, the mobile phone business has grown by 4 times in the past 4 years, which is the main driving force.

From the data estimated by Cai Lixing, MediaTek’s revenue is expected to increase from US$8 billion (about 57.52 billion CNY) in 2019 to US$19 billion (about 136.61 billion CNY) this year; In 2019, it increased from 700 million US dollars (about 5.033 billion CNY) to 4 billion US dollars (about 28.76 billion CNY).

Cai Lixing pointed out that MediaTek’s mobile phone business has a complete solution from entry to the flagship, and the mobile phone business has grown about 4 times in 4 years. The intelligent terminal device platform has a wide product line, and the business has grown by about 1.5 times in the past four years.

According to reports, MediaTek will continue to invest in the development of advanced system-on-chip (SOC) and computing technology in the future, effectively balancing super performance and intelligent power consumption, as well as key networking technologies such as 5G, WiFi, Bluetooth, satellite, etc.

Looking forward to the future, Cai Lixing expects that the semiconductor industry will enter an “era of multiple growth”. By 2026, with the growth of new fields such as automotive electronics, data centers, and storage devices, a more balanced market will be seen. Each category contributes about 10% to 12%, the volatility is low, and the market becomes relatively stable.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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