Fabless IC firm MediaTek has reported consolidated revenues of NT$13.89 billion (US$472 million) for October 2013, a record high in monthly revenues, representing growth of 6.5% sequentially and 32.3% on year.
MediaTek's cumulative 2013 consolidated sales through October increased 32.7% from a year earlier to NT$110.15 billion.
MediaTek has forecast consolidated revenues will stay flat or drop by up to 5% sequentially in the fourth quarter of 2013, with gross margin reaching 43-45% compared to the 43.9% posted in the prior quarter.
Sales of smartphone- and tablet-use ICs are set to remain strong in the fourth quarter, whereas sales generated from the feature phone and digital home sectors will be affected by a seasonal slowdown in orders, MediaTek said.
MediaTek shipped more than 65 million smartphone chips in the third quarter of 2013. Shipments for the fourth quarter are likely to stay similar to the level, said the company, which retains its full-year shipment target of about 200 million units.
As for tablet ICs, MediaTek projected previously it would ship 15-20 million units in 2013. |