MediaTek enjoyed another month of brisk sales with revenues for July 2016 rising almost 40% on year.

MediaTek, which saw its June revenues hit a record high of NT$24.87 billion (US$788 million), has reported July revenues dropped by a slight 0.2% on month to NT$24.82 billion. The revenues for July 2016 represent a 38.6% on-year increase.

MediaTek generated revenues of NT$72.53 billion in the second quarter of 2016 - a record high. The company expects to post another quarter of record revenues in the third quarter with a 8-16% sequential growth.

MediaTek has forecast revenues for all of 2016 revenues will increase 25% on year. The company disclosed its cumulative 2016 revenues through July totaled NT$153.25 billion, rising 36.2% from a year ago.