MediaTek expects up to 20% revenue decrease in 1Q18

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MediaTek expects up to 20% revenue decrease in 1Q18

Cage Chao, Taipei; Jessie Shen, DIGITIMES

Thursday 1 February 2018

MediaTek has forecast revenues for the first quarter of 2018 will decline up to 20% sequentially, as smartphone demand in China continues to disappoint. A seasonal slowdown in IoT chip demand is another cause dragging down the Taiwan-based IC design...

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