MediaTek’s third-quarter revenue increased by 8.5% year-on-year to NT$14.2161 million

On October 28, MediaTek disclosed that its net operating income in the third quarter was NT$14.2161 million, a decrease of 8.7% from the previous month and an increase of 8.5% from the same period last year. Revenue for the quarter was lower than the previous quarter, mainly due to customer inventory adjustments. This quarter’s revenue increased compared to the same period last year, mainly due to the increase in the revenue of all major product lines, which benefited from the improved specifications. Net profit was NT$3,108,500, a decrease of 12.7% month-on-month and a year-on-year increase of 9.6%.