Affected by the epidemic, MediaTek's Q2 revenue increased quarterly or decreased by 5%

According to the report from Yingheng.com, a recent foreign investment report pointed out that due to the impact of the epidemic, MediaTek's second-quarter revenue increased by about 10% in the second quarter, which has converged from 10% to 15% in previous years. However, since the number of 5G users in China is expected to reach 117 million this year, MediaTek's 5G revenue is expected to be guaranteed.

According to foreign investment, China ’s 5G progress continues, and mobile phone demand in March has been comparable to the same period last year. Based on a report released by China Mobile, it is estimated that the number of 5G users in China will reach 117 million this year. With the gradual increase in demand, MediaTek's revenue this year can still increase compared to last year, and is expected to increase by about 8% annually.

In addition, foreign investors believe that MediaTek ’s recent announcement of the implementation of treasury stocks indicates that management has great confidence in the company ’s prospects. According to the experience of the last implementation of treasury stocks, MediaTek ’s subsequent stock price surged more than doubled by the 3G platform. Therefore, it maintains its "Buy" rating with a target price of NT $ 480.