- MediaTek’s sales in February reached NT$38.48 billion.
- The sales have increased by 27% compared to the previous period.
- There have been 23 buys of MediaTek’s stocks.
- There have been 5 holds of MediaTek’s stocks.
- There has been 1 sell of MediaTek’s stocks.
Mediatek Inc on Smartkarma
According to reports on Smartkarma, a leading independent investment research network, analysts are bullish on Mediatek Inc (2454.TT). Vincent Fernando, CFA, notes that the company’s 4Q23 results and positive forward guidance indicate potential growth through 2026, driven by AI and new product introductions. Patrick Liao also predicts a complete recovery from the previous downturn situation in 2024, with the start of the AI upgrade cycle for smartphones.
Fernando also highlights Himax’s relative display strength and upcoming CES event, which could potentially bring positive news flow for Mediatek. Liao adds that the company is likely to see a 10% QoQ growth in 1Q24F and plans to release 12 million units of the Dimensity 9000 series. Mediatek’s target markets include China, India, and Southeast Asia, with China remaining the primary focus.
Furthermore, Liao predicts fierce competition in the WiFi 7 chip market in 2024, with Mediatek aiming to break into the PC and smartphone markets. The company plans to use 6nm technology from TSMC, potentially supplying WiFi 7 chips to Apple. This could be a significant opportunity for Mediatek, as the WiFi technology market is currently dominated by Broadcom Corp Cl A.
A look at Mediatek Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
MediaTek Inc. is poised for a strong future, according to the Smartkarma Smart Scores. The company, which specializes in wireless communications and digital multimedia solutions, received a solid overall score of 4 out of 5. This indicates a positive long-term outlook for the company. MediaTek Inc. received high scores in several key areas, including Dividend and Resilience, with perfect scores of 5. This indicates that the company is financially stable and has a strong track record of paying dividends to its shareholders. Additionally, MediaTek Inc. received a strong score of 4 in both Growth and Momentum, indicating that the company is showing promising signs of growth and has strong momentum in the market. While the company received a slightly lower score of 2 in Value, this is still a solid overall score and indicates that the company is still a good investment option for those looking for long-term growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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