MediaTek,the Taiwan wireless chip vendor which is challenging Qualcomm and Broadcom,saw sales soar 18%in July to$309m.Sales have topped$1.5bn for the year so far.
For Q3 the company expects 13-18%growth to around$840m with a gross margin of 41-43%.
The company expects to sell 95m wireless ICs this year mainly because of the demand from China.
MediaTek is about to maerge with its Taiwanese neighbour MStar.
Source:
http://www.electronicsweekly.com/Articles/2012/08/07/54298/mediatek-soars.htm
