Date: Aug 08, 2015
By: Lisa Wang / Staff reporter
MediaTek Inc (聯發科), which counts China as its biggest market, yesterday posted its best revenue in four months, helped by seasonal demand.
Revenue last month grew 7.8 percent to NT$17.91 billion (US$564 million), from NT$16.62 billion in June, according to a company statement. On an annual basis, last month’s revenue fell 7.05 percent from NT$19.27 billion.
The Hsinchu-based chipmaker said last week that it still expected demand to rise on seasonal factors this quarter, but the strength would be “moderate,” given sluggish end-product demand from emerging markets on unfavorable foreign exchange rates and staggering economies. [FULL STORY]