Chip Makers Rise in May

Mediatek‘s consolidated May revenues reached NT$24.6 billion ($764.5 million): a new record high for the month. This was the second month in a row to set a new record. Revenues were up about 60.9% YoY and 7% MoM. Year-to-date sales were up 32.8% YoY, to NT$103.6 billion ($3.2 billion).

Also in May, TSMC reported revenues of NT$73.6 billion ($2.3 billion): up 4.9% YoY and 10.1% MoM. Year-to-date revenues fell 6.4% YoY, to NT$343.9 billion ($10.7 billion).

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