MediaTek today announced its financial report for the third quarter ending September 30, 2021. The data is quite eye-catching, and both revenue and earnings have increased significantly. The days of “fa brother” are very prosperous!In the third quarter, MediaTek achieved revenues of NT$131.174 billion (approximately RMB 30.102 billion), an increase of 4.3% from the previous quarter and a year-on-year increase of 34.7%, mainly due to the increase in specifications and sales of each major product line.
In terms of business lines, they are all performing well:
movecell phoneContributed as a core business 56%, and the annual growth rate is as high as 72%, Mainly from the continuous upgrade of 5G products and the increase in market share;
The Internet of Things, computing and ASIC accounted for 23%, an increase of 22% year-on-year. The main contributions came from the popularization of 5G/Wi-Fi 6, wireless Bluetooth headsets, tablets, etc.;
The proportion of smart homes is 14%, an increase of 13% year-on-year,televisionStable demand;
Power IC is 7%, a year-on-year increase of 26%, and 5G/Wi-Fi 6 is also a strong drive to upgrade.
Gross profit margin is 46.7%, An increase of 0.5% month-on-month and an increase of 2.5% year-on-year, also from a better product mix.
Net profit was NT$28.361 billion (approximately RMB 6.513 billion), a year-on-year increase of 1.6% and a significant increase of 100.2% from the previous month, Mainly from the increase in revenue and gross profit, which offset the increase in operating expenses.
As of the end of the quarter, MediaTek’s cash and financial assets-current totaled NT$187.344 billion (approximately RMB 43.024 billion), accounting for 30.8% of total assets.
From the financial report,MediaTek’s R&D investment in the quarter was NT$24.364 billion (approximately RMB 5.595 billion), an increase of 6.5% month-on-month and an increase of 8.1% year-on-year.
Looking forward to the fourth quarter, MediaTek expects revenue of approximately NT$120.6-131.1 billion, with a gross profit margin of 47.5% (a fluctuation of 1.5%).
At present, MediaTek is already the world’s No. 1 smartphone SoC manufacturer, and it has won for four consecutive quarters. In the second quarter of this year, its share has reached 43%, an increase of 17% year-on-year.