In response to the previous rumors of “significant cuts in wafer production volume in 2024”, MediaTek CFO Gu Dawei responded to China Business News’ inquiry on the evening of September 8: “The company has not lowered shipments. (Numbers), third-quarter results were in line with the guidance given at the time.”
According to reports, the fluctuations in orders from leading phone chip companies often depend on the end market’s judgment of the market demand expectations in the next stage. Currently, MediaTek’s domestic share of phone chips is close to 50%.
Prior to this, Weibo blogger @手机 Chipmaster had posted on Thursday claiming, “After the release of Company H’s phone, MediaTek began to slash the number of wafers produced in 2024” and used “Butterfly” Effect” to evaluate this phenomenon.
The blogger also previously said that without external interference, if 60 million 5G phones can be sold next year, MediaTek and Qualcomm will reduce shipments of 60 million 5G phone chips if the global TAM remains unchanged.
According to previous reports, MediaTek announced revenue data for August 2023 yesterday:
Revenue in August was NT$42.26 billion, a year-on-year decrease of 5.47%. Cumulative revenue from January to August this year was NT$267.806 billion, a year-on-year decrease of 30.26%.
MediaTek recently announced that the development of its first Dimensity flagship chip produced using TSMC’s 3nm process is progressing very smoothly. It has been successfully tape-out and is expected to be mass-produced next year.