‘TRADE SECRETS’: The company would focus on creating roadmaps for new products to satisfy customers’ demands and not dwell on external issues, a top executive said

Taipei Times
Date: May 30, 2019
By: Lisa Wang  /  Staff Reporter

Mobile phone chip supplier MediaTek Inc (聯發科) yesterday said it was maintaining its financial forecast for this quarter, downplaying speculation that Qualcomm Inc no longer supplying components to Huawei Technologies Co (華為) would be a boon for the Taiwanese firm.

“We are not revising our guidance for the second quarter,” MediaTek executive vice president David Ku (顧大為) told reporters on the sidelines of an event at Computex Taipeito unveil the chipmaker’s latest 5G chips .

“Everything meets our original expectations. The full-year guidance is also maintained,” Ku said. “We cannot comment on any single client. Clients’ orders are trade secrets.”

Last month, MediaTek projected that revenue this quarter would grow at a quarterly pace of 13 to 21 percent to between NT$53.8 billion and NT$59.6 billion (US$1.7 billion US$1.89 billion).    [FULL  STORY]