Demand Recovery Boosts Revenue for MediaTek's Subsidiary, DAP Technology, Targeting Over 20% Growth

Reported 8 months ago

At the shareholders' meeting of DAP Technology, a subsidiary of MediaTek, on June 21, 2024, Chairman Xie Qingjiang stated that terminal demand is gradually recovering, leading to optimistic operational performance. Forecasting a revenue growth of over 20% for the year, the company focuses on networking infrastructure and advanced AI IoT. With a strong focus on Bluetooth, satellite, broadband, and Ethernet networks, revenue from these sectors is expected to grow compared to last year, indicating positive prospects for the company.

Source: YAHOO

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