MediaTek Inc.

Mediatek is engaged in the research, development, manufacture and sales of multi-media integrated circuit ("IC"), IC for computer peripherals, IC for advanced consumer electronics, IC for other special applications and decoders of optical storage; software application design, testing, maintenance and technical consultation services for IC; the import and export of products related to IC. Co.'s product items include optical storage chipset; CD-ROM chipset and single chip, DVD-ROM chipset and single chip, CD-R/RW chipset, combi chipset; and advanced digital consumer chipset DVD-Player chipset (RF chip, servo controller chip and highly integrated chip).
  • Ticker2454
  • ISINTW0002454006
  • ExchangeTaiwan Stock Exchange
  • SectorTechnology Hardware & Equipment
  • CountryChinese Taipei
2454 MEDIATEK INC. (Technology)

MEDIATEK sees an upgrade to Slightly Positive due to a better fundamen...

The general evaluation of MEDIATEK (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was TWD 947.00 and its potential was estimated at TWD 1,094.24.

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

MediaTek Posts a Strong Profit Growth in 1Q From Further Margin Improv...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 b...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek’s 4Q Margins Improved, but Net Profit Was Dow...

While no-moat fabless chipmaker MediaTek’s fourth-quarter net profit was down 63% from last year due to a significant decrease in nonoperating income, its recurring operating profit of TWD 3.85 billion, up 199% year on year, was ahead of our forecast. Gross margin grew 154 basis points from the year-ago quarter to 38.9%, driven by strong shipments of new smartphone SoCs and non-mobile SoCs for Internet of Things-related applications and voice-assistant devices. Meanwhile, lower-than-expected operating costs helped the operating margin increase to 6.3% from 2.1% a year ago. We forecast five-...

2454 MEDIATEK INC. (Technology)

MEDIATEK sees an upgrade to Slightly Positive due to a better fundamen...

The general evaluation of MEDIATEK (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was TWD 947.00 and its potential was estimated at TWD 1,094.24.

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

MediaTek Posts a Strong Profit Growth in 1Q From Further Margin Improv...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 b...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek’s 4Q Margins Improved, but Net Profit Was Dow...

While no-moat fabless chipmaker MediaTek’s fourth-quarter net profit was down 63% from last year due to a significant decrease in nonoperating income, its recurring operating profit of TWD 3.85 billion, up 199% year on year, was ahead of our forecast. Gross margin grew 154 basis points from the year-ago quarter to 38.9%, driven by strong shipments of new smartphone SoCs and non-mobile SoCs for Internet of Things-related applications and voice-assistant devices. Meanwhile, lower-than-expected operating costs helped the operating margin increase to 6.3% from 2.1% a year ago. We forecast five-...

2454 MEDIATEK INC. (Technology)

MEDIATEK sees an upgrade to Slightly Positive due to a better fundamen...

The general evaluation of MEDIATEK (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was TWD 947.00 and its potential was estimated at TWD 1,094.24.

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

MediaTek Posts a Strong Profit Growth in 1Q From Further Margin Improv...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 b...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek’s 4Q Margins Improved, but Net Profit Was Dow...

While no-moat fabless chipmaker MediaTek’s fourth-quarter net profit was down 63% from last year due to a significant decrease in nonoperating income, its recurring operating profit of TWD 3.85 billion, up 199% year on year, was ahead of our forecast. Gross margin grew 154 basis points from the year-ago quarter to 38.9%, driven by strong shipments of new smartphone SoCs and non-mobile SoCs for Internet of Things-related applications and voice-assistant devices. Meanwhile, lower-than-expected operating costs helped the operating margin increase to 6.3% from 2.1% a year ago. We forecast five-...

2454 MEDIATEK INC. (Technology)

MEDIATEK sees an upgrade to Slightly Positive due to a better fundamen...

The general evaluation of MEDIATEK (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was TWD 947.00 and its potential was estimated at TWD 1,094.24.

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

MediaTek Posts a Strong Profit Growth in 1Q From Further Margin Improv...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 b...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek’s 4Q Margins Improved, but Net Profit Was Dow...

While no-moat fabless chipmaker MediaTek’s fourth-quarter net profit was down 63% from last year due to a significant decrease in nonoperating income, its recurring operating profit of TWD 3.85 billion, up 199% year on year, was ahead of our forecast. Gross margin grew 154 basis points from the year-ago quarter to 38.9%, driven by strong shipments of new smartphone SoCs and non-mobile SoCs for Internet of Things-related applications and voice-assistant devices. Meanwhile, lower-than-expected operating costs helped the operating margin increase to 6.3% from 2.1% a year ago. We forecast five-...

2454 MEDIATEK INC. (Technology)

MEDIATEK sees an upgrade to Slightly Positive due to a better fundamen...

The general evaluation of MEDIATEK (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was TWD 947.00 and its potential was estimated at TWD 1,094.24.

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek Posts a Strong Profit Growth in 1Q From Further...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 basis points from last year to 6% in the first quarter. Management guided to a modest (about 3% year on...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

MediaTek Posts a Strong Profit Growth in 1Q From Further Margin Improv...

No-moat Taiwanese chipset maker MediaTek’s first-quarter operating profit of TWD 3.17 billion, up 64% year on year, marked a good start to the year and beat our expectation, driven by growth in higher-margin non-mobile SoC chipsets, including Internet of Things and power management IC. The strategy to shift its R&D focus toward non-smartphone solutions has started to bear fruit, in our view. Profitability improved significantly due to favorable product mix, with the operating margin up 210 b...

Allen Cheng
  • Allen Cheng
2454 MEDIATEK INC. (Technology)

Morningstar | MediaTek’s 4Q Margins Improved, but Net Profit Was Dow...

While no-moat fabless chipmaker MediaTek’s fourth-quarter net profit was down 63% from last year due to a significant decrease in nonoperating income, its recurring operating profit of TWD 3.85 billion, up 199% year on year, was ahead of our forecast. Gross margin grew 154 basis points from the year-ago quarter to 38.9%, driven by strong shipments of new smartphone SoCs and non-mobile SoCs for Internet of Things-related applications and voice-assistant devices. Meanwhile, lower-than-expected operating costs helped the operating margin increase to 6.3% from 2.1% a year ago. We forecast five-...

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