Reported 8 months ago
Recent positive developments for MediaTek (2454) have driven its stock price to a historic high of 1,485 NTD on June 19, 2024, with a 54.6% increase since the end of April. Samsung is set to use MediaTek's Tianji 9300+ processor in their flagship Galaxy Tab S10, and MediaTek's subsidiary, Dafatech, has invested in Jiyang. MediaTek's May revenue reached 42.151 billion NTD, a 33.53% annual increase, and the total revenue for January to May amounts to 217.637 billion NTD, a 39.9% annual increase. With the trend of AI development, MediaTek is focusing on integrating generative AI into its end products, with plans to release the latest Tianji 9400 chip in the fourth quarter. The international news also pointed out that Samsung, faced with rising chip manufacturing costs, will use MediaTek's Tianji 9300+ processor for the first time in the Galaxy Tab S10 flagship tablet.
Source: YAHOO