IC design house MediaTek expects its consolidated revenues to log a 5-13% sequential increase in the third quarter of 2013, after posting a 38.8% sales jump in the second quarter.

　　MediaTek estimates third-quarter consolidated revenues at between NT$34.9 billion (US$1.17 billion) and NT$37.6 billion, up from NT$33.28 billion in the prior quarter. Gross margin for the third quarter is expected to be 42.5-44.5%.

　　MediaTek's gross margin climbed 1.1pp sequentially and 2.4pp on year to 43.2% in the second quarter of 2013. The firm credited the growth to a higher proportion of sales for high-end products.

　　Sales of smartphone- and tablet-use IC solutions accounted for 50-55% of MediaTek's overall revenues in the second quarter, according to company president Hsieh Ching-chiang. Meanwhile, as high as 30% of MediaTek's smartphone IC shipments were quad-core solutions in the second quarter, said Hsieh.

　　MediaTek shipped a higher-than-expected 50-55 million smartphone ICs in the second quarter. The company forecast that shipments of its smartphone chips will climb further to 60-65 million units ihe third quarter, an about 20% sequential increase.

　　As for tablet ICs, the firm revised upward its full-year shipment target to about 20 million units. It previously estimated 15 million units of tablet solutions would be shipped in 2013.