Chip Firms Enjoy Rise

Mediatek‘s consolidated revenues for March were up 61% MoM and 4.6% YoY, to NT$21.3 billion ($659 million): the company’s highest levels in five months. Calendar Q1 revenues were down 9.1% QoQ but up 17.6% YoY, to NT$55.9 billion ($1.7 billion).

TSMC‘s revenues were up 22.7% MoM and 1.1% YoY, to NT$73.1 billion ($2.3 billion). Revenues for the January-February period were NT$203.5 billion ($6.3 billion), down 8.3% YoY.