Taipei,Sept.17,2012(CENS)--MediaTek Inc.estimated its revenue for the third quarter of the year to rise 18%year on year mostly thanks to increased shipments of smartphone chips and the revenue contributed by its acquired MStar Semiconductor Inc.
The company had consolidated revenue of NT$18.4 billion(US$615 million at US$1:NT$30)for July and August altogether,which will enable the firm's revenue for the third quarter to surge 13-18%to NT$26.5-27.7 billion(US$883-923 million).
In August,the company scored consolidated revenue of NT$9.2 billion(US$307 million),inching down 0.31%from a month earlier and surging 10.9%from a year earlier.The company ascribed the decrease mostly to its smartphone chips running out of stock.However,the company said the shortage has begun easing since late August.
The company,which is reportedly the No.1 cellphone-chip supplier in mainland China,has recently revised upward its shipment goal for 2012 to 95 million smartphone chips from 75 million chips based on the excessive demands in mainland China.
The company's shipment goal for the third quarter is around 30 million smartphone chips,compared with the aggregate shipment of 31 million chips recorded in the first half of this year.Among the edge chips the company ships in the third quarter are MT6575 and MT6577 chips for 3G cellephones,which are projected to account for around 60%of the company'sshipments for the quarter and around 80%for the fourth quarter.
MT6575 is in excessive demand now in the mainland for its unique 3-dimension display effect.The chip is helping MediaTek gain ground in the market for RMB1,000(US$149 at US$1:RMB6.7)smartphones.
MediaTek executives pointed out that 3D smartphone is a growing trend now and MT6575 is the smartphone version of its 3D TV chips.They estimated the company's TV chip shipments will also increase in the third quarter in anticipation of brisk shopping for digital TVs in mainland China during the weeklong October 1 National Day holidays.
