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MediaTek’s February revenue returned to 30 billion yuan, a monthly increase of more than 35%

Mobile phone chip maker MediaTek’s February revenue rebounded to more than NT$30 billion, reaching 30.31 billion yuan, a monthly increase of 35.41%, which was still 4.28% lower than the same period last year.

According to the legal person, the recovery of the momentum of customers’ purchases is the main reason for the recovery of MediaTek’s revenue in February; but at present, customers are still strictly controlling inventory, and MediaTek’s performance is still at a low level. MediaTek’s cumulative revenue in the first two months was 52.693 billion yuan, an annual decrease of 36.92%.

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