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MediaTek to see May revenues decline over 10% on month

Thursday, June 3, 2010

MediaTek could see May revenues decline more than 10% on month to NT$10-10.5 billion (US$309.31-324.78 million), as handset clients in China advanced part of shipments to April, according an estimate of industry sources.

The Taiwan-based company expects second-quarter results to match guidance released in April, which is a 5% decrease to 2% rise sequentially in revenues, the company said, adding that orders for May and June are about the same at the moment.

Mediatek's April revenues reached NT$12.05 billion.

For May and June, Mediatek is projected to post NT$10.5 billion and NT$9.5 billion, respectively, according to market watchers. Though in line with internal and external forecasts and seasonal effects, two consecutive months of sales decline could still impact stock performance.

The European credit crisis has had limited effect on Mediatek thus far, and only shipments for southern Europe saw a modest drop, the company said.

MediaTek: Revenues, Apr 2009 - Apr 2010 (NT$m)

Month


Sales


M/M


Y/Y


YTD


Y/Y

Apr-10


8,004


21.7%


18.5%


28,189


15.1%

Mar-10


6,578


44.1%


(3.5%)


20,185


13.8%

Feb-10


4,564


(49.5%)


(20.8%)


13,606


24.7%

Jan-10


9,042


62.3%


75.5%


9,042


75.5%

Dec-09


5,572


(11%)


42.8%


77,311


13.7%

Nov-09


6,257


6.4%


35.5%


71,739


11.9%

Oct-09


5,883


(18.9%)


(13.9%)


65,482


10.1%

Sep-09


7,258


(14.8%)


(2.7%)


59,599


13.2%

Aug-09


8,516


17.1%


22.8%


52,341


15.8%

Jul-09


7,274


26.6%


12.2%


43,825


14.5%

Jun-09


5,745


(9%)


18.1%


36,551


15%

May-09


6,316


(6.5%)


24.4%


30,806


14.4%

Apr-09


6,757


(0.9%)


2.4%


24,490


12.1%

*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2010

MediaTek: Revenues, 1Q09 - 1Q10 (NT$m)

Quarter


Sales


Q/Q


Y/Y


YTD


Y/Y

1Q-10


20,185


14%


13.8%


20,185


13.8%

4Q-09


17,712


(23.2%)


15.4%


77,311


13.7%

3Q-09


23,048


22.5%


10.4%


59,599


13.2%

2Q-09


18,818


6.1%


13.8%


36,551


15%

1Q-09


17,732


15.5%


16.3%


17,732


16.3%

*Figures are not consolidated
Source: TSE, compiled by Digitimes, June 2010



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