The Hsinchu-based chip designer said it has counted on smartphone chips, power management chips and chips for other applications to fuel its growth in the past few years, but it is developing new products to continue growing. MediaTek Inc chairman Tsai Ming-kai poses for a photograph at an event in Hsinchu City on Dec. 8 last year. MediaTek shareholders yesterday approved a proposal to distribute a cash dividend of NT$76 per share, including NT$14 from its capital surplus. Replenishing demand for automotive chips and chips used in industrial devices peaked last quarter, meaning demand for those two segments would stagnate, Liu said. UMC shareholders yesterday approved a proposal to distribute a cash dividend of NT$3.6 per share.

Source: Taipei Times June 01, 2023 03:43 UTC