LATEST PRODUCTS: MediaTek undercut Qualcomm and is supplying its Helio P60 chips to Oppo Mobile Telecommunications for use in the R15 smartphone

Taipei Times
Date: Apr 28, 2018
By: Lisa Wang  /  Staff reporter

MediaTek Inc (聯發科), the world’s No. 2 handset chip designer, yesterday posted a 59 percent annual growth in operating income for last quarter as customers’ growing adoption of new smartphone chips drove its gross margin to a three-year high.

Operating income surged to NT$1.93 billion (US$65.12 million) during the quarter ending on March 31, compared with NT$1.21 billion during the same period last year, MediaTek’s financial statement showed.

That represents quarterly growth of 49.5 percent from NT$1.29 billion.

Gross margin climbed to 38.4 percent, from 37.4 percent the previous quarter and 33.5 percent a year earlier.    [FULL  STORY]