MediaTek Operational Recovery... Acceptance Results at the Year-end

MediaTek's operations have entered a low tide for the past two years. Chairman Cai Mingjie has continued to actively adjust operating guidelines. Cai Mingjie pointed out yesterday that the company is currently in the first phase of recovery and is still adjusting dynamically. It is expected that the original target can be achieved by the end of next year. At the end of this year, revenues should see initial results.

MediaTek misjudged the speed of 4G upgrades in the Chinese market in the past two years. The strategy of smart phone product blueprints was misunderstood and encountered a bottleneck in its operation. In 2017, Cai Mingjie invited the current CEO Cai Lixing to join the operations team and hopes to restructure. After Cai Mingjie last year, the shareholders meeting. Said that the recovery period (Recover) takes a period of one and a half to two years. Cai Ming Jie said that it is still a dynamic adjustment stage. It is currently known that there will be a fifth-generation mobile communications (5G) product in 2020, and the first two years The deadline, which is being carried out at a fixed rate, aims at firm market share and profitability. The first phase of the recovery plan is to see results by the end of next year, but he admits that from a long-term perspective, this is an endless war.

Cai Lixing said that last year the company had a very hard operation, and it went down regardless of the financial side or market share; it has started to pick up in the past year. He believes that Tsai Ming-kee has strict requirements for “recovery”. Let’s look at momentum and The directions are correct.

Cai Lixing believes that the challenges are very serious. We can't just look at the smartphone product line. Currently, the mobile phone business only accounts for about 40% of revenue, and the dependence on mobile phones is reduced. It is a balanced development for the group as a whole; whether it takes six months or one year, Progress is endless. He also hopes that there will be better performance next year. For the results of the management team, Tsai Ming-Jian gave 90 points last year. After one year, he scored 91 points for Cai Lixing, 1 point more than before. For more than one point, Tsai Ming-shee regained the true nature of the engineer: As semiconductors know, the current goes up faster, and the increase is slower.

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