By Natasha Li / Staff reporterHandset chip designer MediaTek Inc (聯發科) yesterday reported that fourth-quarter net profit increased 56.6 percent annually to NT$6.38 billion (US$211.78 million), driving net profit for the whole of last year up 11.7 percent to NT$23.2 billion. MediaTek forecast a 7 to 15 percent sequential decline in sales this quarter to between NT$55 billion and NT$60.2 billion. “We are currently witnessing strong demand for our 4G chips,” he said, adding that overall shipments this year would increase on an annual basis. While the average price of 5G chips is much higher than that of 4G chips, the demand for 4G chips remains strong, MediaTek chief financial officer David Ku (顧大為) said. “We have achieved a greater market share for 4G chips, with improved profitability,” Ku said, adding that 4G chips would increase revenue this year for MediaTek’s mobile computing segment, which contributes about 40 percent of the handset chip designer’s overall revenue.

Source: Taipei Times February 07, 2020 15:56 UTC