MediaTek Inc (聯發科), the nation’s largest handset chip supplier, said yesterday that consolidated sales last month reached NT$9.6 billion (US$286 million), the second highest monthly sales figure since September 2007, when it posted NT$9.9 billion.
Last month’s sales rose 23.72 percent from the same period last year and 20.96 percent from the previous month, company data showed.
Revenues in the first three months of the year grew 14.9 percent to NT$23.73 billion from NT$20.65 billion (US$602 million) in the fourth quarter of last year, aided by a wave of rush orders from China, the company said.
That was better than the company’s forecast issued earlier last month, when it said first-quarter revenues could grow by between 8 percent and 13 percent.
The company also said in a stock exchange filing that its board of directors had approved a proposal to raise new capital to purchase new equipment for research and development as well as boost capacity and reinvestment.
The chip designer said it planned to raise NT$21.46 million by issuing 2.146 million common shares.
The board also approved a plan to distribute NT$14 in cash dividends and 0.2 percent in stock dividends based on last year’s performance. This is subject to shareholder approval at the firm’s annual general meeting on June 10.
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
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Garment maker Makalot Industrial Co (聚陽) yesterday reported lower-than-expected fourth-quarter revenue of NT$7.93 billion (US$251.44 million), down 9.48 percent from NT$8.76 billion a year earlier. On a quarterly basis, revenue fell 10.83 percent from NT$8.89 billion, company data showed. The figure was also lower than market expectations of NT$8.05 billion, according to data compiled by Yuanta Securities Investment and Consulting Co (元大投顧), which had projected NT$8.22 billion. Makalot’s revenue this quarter would likely increase by a mid-teens percentage as the industry is entering its high season, Yuanta said. Overall, Makalot’s revenue last year totaled NT$34.43 billion, down 3.08 percent from its record NT$35.52
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