MediaTek expects revenue from its Dimensity flagship smartphone chips to grow 70% year-on-year this year

MediaTek announced that in the three revenue categories of smartphones, smart hardware platforms and power management chips, the revenue in the third quarter maintained year-on-year and quarter-on-quarter growth, driving the achievement of revenue targets. At the same time, benefiting from the optimization of product portfolio, the gross profit margin reached 48.8%, exceeding the upper limit of the original financial forecast of 48.5%.