Company Earnings: MediaTek Q4 2024
Explore MediaTek's Q4 2024 earnings, driven by a diversified strategy, AI-focused partnerships, and rising competition with Qualcomm. Get key insights on revenue growth, market trends, and future outlook.
MediaTek reported Q4 and full year 2024 results. The generally positive fiscal year marked by a return to growth after the industry downturn in 2023. As MediaTek pursues a diversification strategy to ease their dependence on mobile phone business, the Taiwanese fabless has partnered with prominent AI players such as Nvidia to pursue automotive, compute and datacenter products. Looking forward to 2025, MediaTek continues to make progress on the premium Android smartphone chipset with their Dimensity line of SoCs. However, they will face stiff competition with Qualcomm in this market. However, design-wins with Chinese OEMs and favorable market conditions may yield more room to grow.
