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MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year

author:52RD
MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year

On April 10, MediaTek announced its unaudited preliminary financial results for March and the first quarter of this year.

In March 204, MediaTek's revenue was NT$50.48 billion (currently about RMB 11.3 billion), an increase of 31.17% month-on-month and 17.51% year-on-year, and the cumulative revenue from January to March was NT$133.458 billion (currently about RMB 30 billion), an increase of 3.01% month-on-month and 39.53% year-on-year.

MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year

From the perspective of a single month, MediaTek's revenue in March this year is a new high in 18 months, and it has achieved positive year-on-year growth for 6 consecutive months;

From a quarterly point of view, MediaTek's revenue of NT$133.458 billion in the first quarter of this year has achieved positive year-on-year growth for two consecutive quarters, which is better than the revenue forecast for the first quarter of this year (NT$121.8-129.6 billion) given in the fourth quarter of last year.

MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year

MediaTek's current mobile phone chip revenue accounts for about 5 to 6 percent, and the change in mobile phone chip revenue is basically consistent with the change in overall revenue and net profit, according to the performance of the fourth quarter of 2024, in the first quarter of this year, MediaTek's mobile phone chip revenue and overall net profit may once again achieve positive year-on-year growth.

MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year
MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year
MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year
MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year

It is worth mentioning that on April 9, MediaTek held a generative AI forum and announced the official launch of MediaTek DaVinci (""), a customizable generative AI service platform that can be imported by external enterprises, which can support various large language models, including the latest Chinese traditional large language model MediaTek Research BreeXe, which was originally built for the group to build a data security, The Group's 96% penetration rate, with more than 40 vendors joining its ecosystem, is said to have started to contribute revenue, and three system integration (SI) vendors have been named to help promote it, as well as directly targeting customers in different industries.

MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year
MediaTek's revenue in the first quarter of 2024 was NT$133.5 billion, up 40% year-on-year