IC design house MediaTek has reported consolidated revenues of NT$24.64 billion (US$762.8 million) for May 2016, hitting a monthly record for the second consecutive month.

MediaTek's revenues for May 2016 represented growth of about 7% sequentially and 60.9% on year.

MediaTek CFO David Ku was quoted in a recent report saying the company would manage to meet the mid-point to high-end of its sales guidance for the second quarter of 2016. The company expects to post revenues of between NT$69.3 billion and NT$73.8 billion in the second quarter, up 24-32% sequentially.

MediaTek's cumulative 2016 revenues through May totaled NT$103.56 billion, rising 32.8% from a year earlier.