MediaTek Q1 2025 Revenue Hits NT$153.31B, Up 14.88% YoY
MediaTek, a global leader in IC design, has announced its consolidated revenue for March 2025 reached NT$56 billion, marking a 21.28% increase from February and a 10.93% rise year-over-year. This figure sets a new 30-month high for the company. Cumulative revenue for the first quarter of 2025 hit NT$153.31 billion, up 14.88% compared to the same period in 2024—setting a record for the highest Q1 revenue in company history.
In its previous earnings guidance, MediaTek projected a Q1 revenue growth of 2% to 10% compared to Q4 2024, and a 6% to 14% increase year-over-year. The company also forecast a gross margin of 47% ± 1.5% and an operating expense ratio of 29% ± 2%. Based on the latest financial results, MediaTek's Q1 performance has surpassed the upper end of its guidance range.
Rick Tsai, Vice Chairman and CEO of MediaTek, noted that Q1 revenue benefited from stronger-than-expected seasonal demand. This growth was primarily driven by increased demand for smartphones supported by China's subsidy programs, as well as global demand for TVs, Wi-Fi solutions, tablets, and Chromebooks amid ongoing tariff uncertainties. Gross margin remained stable within the projected range.
Looking ahead, Tsai emphasized the transformative role of generative AI across both edge and cloud applications. MediaTek's robust product portfolio is well-positioned to capture opportunities in the AI space, driving further revenue growth. A key example is the GB10 super chip, which exemplifies MediaTek's advancements in edge AI, customized enterprise-grade chips, intelligent computing, and automotive solutions.
According to Counterpoint Research's Q4 2024 Global Smartphone AP/SoC Market report, MediaTek led the market with a 34% share in shipments, followed by Apple and Qualcomm. MediaTek's leadership was largely attributed to the strong performance of its flagship Dimensity 9400 series and the launch of four new mid-range chips—Dimensity 8400, Dimensity 8350, Helio G50, and Helio G92—during the same quarter.
