Reported about 1 year ago
According to the report, in July 2024, power management IC chip providers MediaTek and Realtek revealed their consolidated revenue for June. While Realtek's revenue slightly declined in the second quarter compared to the first quarter, with a focus on old product shipments, cost improvement efforts are ongoing, leading to improving gross margins for the company. Realtek's operations have temporarily paused, but they are expected to pick up in the second half of the year with the transition to Wi-Fi 7 and advancements in other product lines. On the other hand, MediaTek saw a slight decline in monthly revenue but a significant year-on-year increase, with a positive outlook for the second half of the year, driven by the upcoming launch of second-generation DDR5 products and preparing for the growing demand in AI and high-power applications.
Source: YAHOO