MediaTek recent shared a financial report that revealed its consolidated revenue for the first two months of this year. The company has seen robust growth in recent months, rivaling Qualcomm in certain quarters, and now, its newly launched Dimensity 9000 has helped boost its revenue even further.
In February 2022 alone, the Taiwanese chipmaker recorded 40 billion Yuan (roughly 6.32 billion US Dollars) in revenue. This marked one of the company’s best February performance till date, marking a notable 22.9 percent rise over the same month last year. On the other hand, the brand’s performance in the first two months was also robust, with a combined revenue of 83.531 billion Yuan (roughly 13.2 billion US Dollars), which was 23 percent higher than the same period in 2021.
Furthermore, MediaTek also revealed its estimated revenue for the first quarter of this year. According to company CEO Cai Lixing (Via UDN), the increase in revenue was due to the better penetration of the brand’s 5G chipsets alongside the launch of its new flagship 5G SoC, the Dimensity 9000. This is its latest high end processor that will be shipped in premium grade handsets and rivals the Qualcomm Snapdragon 8 Gen 1.
Cai Lixing also believes that MediaTek’s annual growth rate this year will surpass 20 percent. Recently, we have covered numerous reports of the company catching up or even beating its primary rival Qualcomm, in some quarters in 2021. With its new 5G chip launches, the company will likely see robust performance in the coming quarters as well. So stick around for more updates.
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