The launch of the Dimensity 9300 has financially benefitted MediaTek immensely, as the Taiwanese fabless chipset manufacturer has stated that its flagship smartphone silicon revenue is up by 50 percent compared to 2023. The company’s CEO, Rick Tsai, expects annual revenue to increase by 14 to 16 percent, with its gross margin for the first quarter of 2024 standing tall at 52.4 percent, marking an increase of 4.1 percent compared to the Q4 2023 period. MediaTek’s quarterly profit was $4.35 billion, increasing by 22.9 percent, with the Chief Executive believing that smartphone shipments will reach 1.2 billion units in 2024 […]
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