In the gross margin after 11 consecutive quarters of decline, MediaTek third quarter earnings once again came the good news of the recovery of gross margin.
In response to the operation of MediaTek early recovery, co-CEO Cai Li line 31 stressed that the second half of next year gross margin back to 37% to 39% target has not changed, and the recovery period is still set in a year and a half to two years, the current view is not change.
MediaTek yesterday held an online conference, is still presided over by Cai Lixing, which is his June 1 officially took office after the first quarterly, profit better than expected.
From the third quarter earnings of MediaTek, the last quarter revenue 63.651 billion yuan NT, quarter by nearly one percent, gross margin pulled up to 36.4%, whether it is revenue or gross margin performance are close to the high standard, driven After-tax net profit of 5.061 billion yuan, doubling the previous quarter, after the net profit of 3.26 yuan per share, beyond the financial range.
Accumulated Media Development Division in the first three quarters of this year after the net profit of 13.91 billion yuan, down 26.4%, net profit of 9.06 yuan per share.
Cai Qixing pointed out that the fourth quarter mobile platform shipments will reach 110 million units to 120 million units, unchanged from the previous quarter, but the product portfolio is better, revenue contribution is expected to grow; but because other product line into the off-season , The quarter revenue of about 59.2 billion yuan to 64.3 billion yuan, quarter by 7% quarter by quarter, gross margin of 36% positive and negative 1.5 percentage points.
Cai Lixing pointed out that MediaTek will launch two P series new smartphone platforms in the first quarter of next year, one of which will integrate visual processing unit (VPU), run artificial intelligence, support face recognition, And virtual reality (VR) to help increase market share and improve gross margin.