MediaTek Inc (聯發科), the nation’s biggest handset chipmaker, yesterday reported its strongest monthly revenue in almost two years, fueled by strong demand for its new affordable smartphone chips, mostly from China.
Revenue expanded to NT$9.25 billion (US$309 million) last month, a spike of about 30 percent from NT$7.14 billion in the corresponding period last year. That was an increase of 17.86 percent from June’s NT$7.85 billion.
Last week, MediaTek told investors at a teleconference that sales would grow between 13 percent and 18 percent this quarter to between NT$26.5 billion and NT$27.7 billion, compared with NT$23.44 billion in the second quarter.
MediaTek president Hsieh Ching-jiang (謝清江) attributed the growth to strong demand for its new smartphones chips, offsetting the impact of a weak global macroeconomy on the chip industry.
Shipments of smartphone chips would grow 43 percent to 30 million units this quarter from last quarter’s 21 million units. That prompted the company to raise its full-year forecast for smartphone chip shipments to 95 million units, up 27 percent from the 75 million units it estimated three months earlier.
Separately, Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s top chip packager, yesterday said revenues grew 2.2 percent to NT$15.68 billion last month from NT$15.37 billion in June. That was an annual increase of 1.7 percent from NT$15.42 billion.
ASE said last week that shipments of its core IC assembly test and material (ATM) business would grow 4 to 6 percent this quarter from last quarter as key customers were scheduled to launch new products. That slightly exceeded a 4.5 percent quarterly growth projected by Credit Suisse.
Local memory chipmaker Macronix International Co Ltd (旺宏電子) yesterday said revenues jumped 18.9 percent to NT$2.32 billion last month from NT$1.95 billion in June. On an annual basis, last month’s revenues expanded 15.5 percent from NT$2 billion.
Macronix, which supplies memory chips to Japanese video game console maker Nintendo Co, expected shipments to grow this quarter because of seasonally strong demand from the second quarter.
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiwan’s digital infrastructure through Grab’s deep ties to autonomous-driving firm WeRide (文遠知行). Less than 16 months after the FTC blocked Uber Eats’ direct attempt to acquire Foodpanda Taiwan — citing potential combined market shares of 80 to 90 percent — the emergence of Grab as the buyer has prompted questions about whether the same competitive harm is simply being rerouted
POWER BUILDUP: Powered by Nvidia’s B200 Blackwell chips, the data center would support MediaTek’s computing power demand and business growth, the company said Smartphone chip designer MediaTek Inc (聯發科) yesterday launched a new artificial intelligence (AI) data center with a maximum capacity of 45 megawatts to meet its rising demand for computing power required to develop new advanced chips for AI applications. The company has completed the first-phase computing power buildup at the data center in Miaoli County’s Tongluo Township (銅鑼), providing 15 megawatts of capacity to support its research and development (R&D) capabilities, despite an industrywide shortage of key components, MediaTek said. Supply constraints have plagued a wide range of key components, including memory chips, solid-state drives, power supply units and central
IMAGE SENSORS: The Japanese company would be the controlling shareholder of the venture, with development and production lines to be set up in Kumamoto Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has signed a non-binding memorandum of understanding (MOU) with Sony Semiconductor Solutions Corp to create a joint venture to develop and produce next-generation images sensors. The partnership seeks to explore and address emerging opportunities in physical artificial intelligence (AI) applications, such as automotive and robotics, paving the way for innovations and expanded technological advancements, TSMC said in a statement. Sony would be the majority and controlling shareholder of the joint venture, the statement said, adding that the company would set up development and production lines in its newly constructed fab in Kumamoto Prefecture’s
The nation’s foreign exchange reserves climbed back above US$600 billion at the end of last month, as investment gains, currency valuation effects and renewed foreign inflows offset volatility seen earlier in the month, the central bank said yesterday. Reserves stood at US$602.49 billion, up US$5.6 billion from the previous month, the central bank said. The rebound reflected returns on reserve assets, fluctuations in major currencies against the US dollar and the central bank’s market operations aimed at maintaining orderly trading conditions, Department of Foreign Exchange Director-General Eugene Tsai (蔡炯民) said. Financial markets were volatile early last month, with foreign investors recording net purchases