Orders placed by China-based Oppo, Gionee and Vivo are set to boost revenues at smartphone-chip provider MediaTek in the second quarter of 2016, according to industry sources.
Oppo, Gionee and Vivo are all expected to enjoy as much as 30% shipment growth in 2016, which will buoy related chip and component suppliers' sales performance, said the sources.
MediaTek, for example, has reported record consolidated revenues of NT$23.02 billion (US$710.9 million) for April 2016. The company is likely to post a more than 30% sequential increase in second-quarter revenues, the sources indicated.
MediaTek estimated previously that revenues would grow 24-32% sequentially to between NT$69.3 billion and NT$73.8 billion in the second quarter, and rise about 10% in all of 2016. |