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MediaTek CEO: Currently not approved to supply to Huawei, I believe demand for phones will not be worse

According to Juheng.com, MediaTek held a performance briefing yesterday. MediaTek Vice Chairman and CEO Cai Lixing said that it seems that the demand for phones will not get worse at this stage, and as consumers it has been two years since the last wave of phone replacements, and we can look forward to the phone market next year.


▲ Picture source MediaTek official website

Cai Lixing pointed out that MediaTek is now preparing to launch the third-generation phone flagship product and add more functions. It is optimistic that as more and more AI applications run on smartphones, more computing power will be required.

In response to news that Huawei will join hands with SMIC to produce 5G chips, Cai Lixing emphasized that MediaTek has not yet been approved to supply Huawei, but believes that Huawei’s chip performance is still far from its own, so it is not expected to have any impact on the company. Tremendous influence.

Gu Dawei, CFO of MediaTek, added that MediaTek’s shipments and market share in the flagship phone market are steadily increasing, and this year, no matter what part of the market, MediaTek’s market share is above 20%. It is expected that the overall phone demand will continue to grow. maintain stability.

It was previously reported that MediaTek’s revenue in the second quarter was NT$98.135 billion, an increase of 2.6% from the previous quarter, and its net profit attributable to the parent was NT$15.965 billion a month-on-month decrease of 5.4%.

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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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