MediaTek revenues down 12% in Q4, names new CEO

Wednesday 31 January 2018 | 11:30 CET | News
Taiwanese chipmaker MediaTek reported revenues down 12.0 percent year on year and 5.1 percent sequentially to TWD 60.4 billion in the fourth quarter of 2017, hit by decreasing seasonal demand of certain consumer electronics and lower smartphone shipments over the course of the whole year. The company previously reported full-year revenues of TWD 238.2 billion, down 13.5 percent compared to 2016.

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Categories: Mobile & Wireless
Companies: MediaTek
Countries: World
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