MediaTek’s revenue for the year decreased by 11.5%
MediaTek announced that in the first quarter of 2018, its revenue amounted to approximately $ 1.7 billion. This is 17.8% less than in the previous quarter, and 11.5% lower year on year. Revenue for the quarter corresponds to the forecast published by the manufacturer in late January. Note that MediaTek March revenue were 58.2% higher than in February.
MediaTek expected that delivery of the mobile SoC in the first quarter of 2018 will make 75-85 million. For comparison: in the fourth quarter of 2017 was shipped 110-120 million SoC. In the company explain the reduction of the seasonal factor.
Market observers hope that MediaTek will demonstrate revenue growth in the second quarter relative to the first as demand from Chinese customers alive. Partly growth will contribute to the success of the model Helio P60.