MediaTek held an earnings conference today (31st), announcing that its second quarter profit was NT$7.31 billion (same unit below), the highest in nearly eight quarters, and its earnings per share were NT$4.58.
Specifically, MediaTek's revenue in the second quarter was 67.603 billion yuan, up 11.1% from the previous quarter and 9.8% from the previous year, with a gross profit margin of 43.5%. In terms of profit, MediaTek's net profit after tax in the second quarter was 7.31 billion yuan, up 25.9% from the previous quarter and 12.4% from the previous year, with a net profit per share of 4.58 yuan.
MediaTek pointed out that its revenue increased thanks to the increased sales of 5G mobile phone chips, WiFi, power management chips and other consumer electronic products. In addition, its product portfolio continued to be optimized, and its gross profit margin and profit both hit a five-year high.
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