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MediaTek reports record revenues, profit in Q3 boosted by smartphones, 5G

Friday 30 October 2020 | 16:53 CET | News
Revenues for the quarter soared almost 45 percent year-on-year to TWD 97.27 billion. The operating profit jumped over 108 percent to TWS 14.63 million, with a margin that increased to 15 percent from 10.5 percent. The net profit advanced 37.9 percent to TWD 13.37 million, with earnings per share almost doubling to TWD 8.42 from 4.38. Operating expenses increased to TWD 28.40 million from 21.26 million. The operating cash flow meanwhile rose on a sequential basis to TWD 31.84 million from 7.17 million. 

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Categories: Mobile & Wireless
Companies: MediaTek
Countries: World
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