In the early morning of November 11, MediaTek held an online global media communication meeting. At the meeting, MediaTek executive deputy general manager and chief financial officer Gu Dawei revealed that the company's target revenue this year is more than 10 billion U.S. dollars, and R&D investment is estimated to exceed 2.5 billion U.S. dollars.

It is understood that in terms of revenue, MediaTek has already achieved record quarterly revenue and profit in the third quarter. According to the report, MediaTek achieved revenue of NT$97.275 billion (approximately RMB 22.78 billion) in the third quarter, a year-on-year increase of 44.7%; realized net profit of NT$ 13.367 billion (approximately RMB 3.13 billion), a year-on-year increase of 93.7%. .

MediaTek said that the third quarter's revenue increased compared to the previous quarter and the same period last year, mainly due to the increase in the market share of smartphone chips and the shipment of 5G products, as well as the increase in sales of consumer electronic products such as TVs, WiFi and power management chips.

For 2020, MediaTek CEO Cai Lixing said that this year is not only a year of overall growth of MediaTek’s cross-product portfolio, but also a year of profit growth.

"With the support of a diversified product portfolio and competitive technology, we expect to achieve another success in 2021 to seize future business opportunities." Cai Lixing mentioned, "Last year’s summit mentioned the 3-5 year goal. , I mentioned that I hope to become a highly respected company that demonstrates strategic influence in the global semiconductor industry. With the outstanding performance in 2020, I believe that our goal will be achieved."

According to Gu Dawei, Executive General Manager and Chief Financial Officer of MediaTek, MediaTek’s 2020 target revenue is more than US$10 billion. Since last year, MediaTek has strengthened its global market position and created the highest annual revenue in history in the turbulent year of 2020. MediaTek will continue to be obsessed with technology research and development, and is expected to invest more than US$2.5 billion in research and development in 2020.

In 2019, MediaTek launched the Dimensity series for the 5G market. Xu Jingquan, deputy general manager of MediaTek and general manager of the wireless communications business unit, said that it is expected that more than 45 million sets of Dimensity series chips will be shipped in 2020. MediaTek's 5G will cover North America, Europe, the Middle East, China, Southeast Asia, Australia and other regions and countries in 2020. It is expected that South America, Africa, Eastern Europe, Russia, India, Japan and South Korea will be added in 2021.

At the same time, MediaTek announced that it will release a 5G chip with a 6nm process technology. The CPU adopts the ARM Cortex-A78 core design and the main core has a maximum frequency of 3.0 GHz. The media broke the news that this processor model is MT689x (the last digit is not yet clear), and the Antutu running score will reach more than 600,000 points. (Quietly)

Source: NetEase Technology Report, translated by Google Translate