MediaTek to report Q2 earnings next week; sales in the period were led by AI enabled mobile chipsets

Taiwan based chipmaker MediaTek is expected to report its complete second quarter earnings on Tuesday. The company has already announced th...

Taiwan based chipmaker MediaTek is expected to report its complete second quarter earnings on Tuesday. The company has already announced that its revenue for the period, which includes April through June, came in at NT $60.48 billion ($1.99 billion USD), which surpassed the company's own guidance of  NT $55.6-59.6 billion. MediaTek credited the better than expected gross to marketplace acceptance of its AI enabled mobile SoCs. Sequentially, Q2 revenue rose 21.8% from Q1.

According to MediaTek, phone manufacturers like Xiaomi, Oppo and Vivo purchased its AI ...

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