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Electronic Technology

MediaTek, Inc.

Company Background

MediaTek is a leading Taiwanese fabless chipmaker, which provides large-scale integration systems essential for smartphones, flat-screen TVs and other electronic devices. The company's strength is in supplying low-priced chips.

 

MediaTek was founded in 1997 by Tsai Ming-kai, who was formerly an engineer at Taiwanese chip foundry United Microelectronics. Tsai became chairman and CEO of the company. The chipmaker started as a developer of LSIs for CD-ROMs, and later expanded its business to cellphones and smartphones.

 

The company distributes reference designs, which include blueprints and recommended parts for the production of smartphones, allowing manufacturers in China and other countries to easily develop smartphones. Therefore, MediaTek is sometimes referred to as "the architect of cheap smartphones."

 

In February 2014, MediaTek further increased its market share of semiconductors used for flat-screen TVs by acquiring fellow Taiwanese chip maker MStar Semiconductor.

 

Although MediaTek rapidly boosted its market share of chips for smartphones in China, India and other emerging markets, the chipmaker will be stiffer competition for U.S Qualcomm and Chinese chip producer Spreadtrum Communications. The company is working to create demand for automobiles and wearables.

Business Summary

MediaTek, Inc. engages in the research and development, manufacture, and sale of fabless semiconductor products. It offers multimedia, computer peripheral, and high end consumer integrated circuits including bluetooth chips, global positioning system chips, wireless local area network chips, near field communication chips, mobile communication chips, and optical storage chips. The company was founded on May 28, 1997 and is headquartered in Hsinchu, Taiwan.

Financial Highlights

Dec 2020 TWDUSD
Revenue322,145.98M10,940.77M
Gross Profit131,841.00M4,477.60M
Operating income43,245.71M1,468.71M
Income before tax47,231.63M1,604.08M
Net income40,916.80M1,389.62M
EBITDA53,120.32M1,804.08M
Diluted EPS25.830.87
Dividends Per Share371.25
Total Assets533,906.32M19,001.57M
Total liabilities158,821.87M5,652.42M
Total equity371,833.82M13,233.46M
Operating cash flow79,172.29M2,688.86M
Currency in TWDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 275,511.71M 238,216.31M 238,057.34M 246,221.73M 322,145.98M
Gross Profit 91,466.52M 77,906.35M 84,389.49M 94,866.72M 131,841.00M
Operating income 23,077.78M 9,837.28M 16,203.09M 22,591.44M 43,245.71M
Income before tax 26,546.74M 27,165.29M 23,330.29M 27,099.98M 47,231.63M
Net income 23,700.59M 24,332.60M 20,760.49M 23,032.72M 40,916.80M
EBITDA 29,971.85M 17,029.49M 23,753.28M 30,953.69M 53,120.32M
Diluted EPS 15.13 15.47 13.17 14.57 25.83
Dividends Per Share 9.50 10 9 10.50 37
Total Assets 370,711.77M 394,814.18M 402,836.04M 458,701.79M 533,906.32M
Total liabilities 124,048.89M 133,615.17M 128,510.13M 144,302.25M 158,821.87M
Total equity 244,778.91M 259,811.64M 272,946.22M 312,750.34M 371,833.82M
Operating cash flow 30,041.89M 20,054.92M 19,324.59M 46,608.59M 79,172.29M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 8,542.78M 7,830.21M 7,894.59M 7,965.06M 10,940.77M
Gross Profit 2,836.10M 2,560.79M 2,798.57M 3,068.85M 4,477.60M
Operating income 715.57M 323.35M 537.33M 730.81M 1,468.71M
Income before tax 823.13M 892.92M 773.69M 876.66M 1,604.08M
Net income 734.88M 799.81M 688.47M 745.08M 1,389.62M
EBITDA 929.33M 559.76M 787.72M 1,001.32M 1,804.08M
Diluted EPS 0.46 0.50 0.43 0.47 0.87
Dividends Per Share 0.29 0.32 0.29 0.33 1.25
Total Assets 11,502.42M 13,267.27M 13,105.90M 15,301.79M 19,001.57M
Total liabilities 3,848.98M 4,489.98M 4,180.95M 4,813.76M 5,652.42M
Total equity 7,594.98M 8,730.67M 8,880.05M 10,433.01M 13,233.46M
Operating cash flow 931.50M 659.20M 640.85M 1,507.74M 2,688.86M

Valuation Measures

Dec 2020
PER28.72
ROA8.24%
ROE11.95%
Operating margin13.42%
Profit margin12.70%

Key executives

  • Chief Executive Officer & Director: Rick Tsai
  • General Manager: Joe Chen
  • CFO, Head-Finance & Accounting: Ta-Wei Ku
  • Chief Technology Officer & Senior Deputy GM: Yue Chun Chou
  • Deputy General Manager: Kuo Hung Lu

Shareholders

  • GIC Pte Ltd. (Investment Management) (4.4%)
  • The Vanguard Group, Inc. (2.8%)
  • LEE CHUI HSING (2.6%)
  • Cathay Life Insurance Co., Ltd. (Invt Port) (2.6%)
  • TSAI MING CHIEH /TW/ (2.5%)
  • BlackRock Fund Advisors (2.3%)
  • Labor Pension New Fund (1.9%)
  • CHO CHIH CHE (1.8%)
  • Schroder Investment Management (Hong Kong) Ltd. (1.4%)
  • Norges Bank Investment Management (1.4%)

Contact Details

  • Website:http://www.mediatek.com
  • Address: 1 Dusing 1st Road, Hsinchu Science Park, Hsinchu, 300, Taiwan
  • Phone: +886.3.5670766

Related Companies

  • Digimoc Holdings Ltd.
  • MStar Co. Ltd.
  • HFI Innovation, Inc.
  • E-Vehicle Investment Ltd.
  • MediaTek Investment Singapore Pte Ltd.
  • Pollex Mobile Holdings Ltd.
  • Mrise Technology, Inc.
  • Mountain Capital LP
  • Hsu-Si Investment Corp.
  • MediaTek Ventures
  • Mediatek (Suzhou), Inc.
  • T-Rich Technology (Cayman) Corp.
  • Hesine Technologies International Worldwide, Inc.
  • MediaTek Wireless, Inc.
  • MediaTek Wireless Ltd. (Ireland)
  • CoreTech Resources, Inc.
  • Hsu-Xin Investment Corp.
  • Hsu-Chuang Investment Corp.
  • Mediatek Foundation
  • ASTwireless Corp.
  • Vogins Technology Co. Ltd.
  • K-WILL Corp. (Japan)
  • Analog Devices, Inc. /Baseband Chipset Operations/
  • Hsu-Ta Investment Corp.
  • MStar Semiconductor, Inc.
  • Spidcom Technologies SA
  • Hsu Kang Investment Co. Ltd.
  • Hsu-Chia Investment Co. Ltd.
  • Hsu Ta Investment Co. Ltd.
  • Hsu Fa Investment Co. Ltd. /Mediatek/

Competitors

  • NXP Semiconductors NV
  • Silicon Laboratories Inc.
  • Infineon Technologies AG
  • MaxLinear inc
  • Qualcomm Inc
  • Synaptics Incorporated
  • Broadcom Inc.
  • Alpha and Omega Semiconductor Limited
  • O2Micro International Limited Sponsored ADR
  • Parade Technologies, Ltd.
  • Global Mixed-Mode Technology, Inc.
  • Sitronix Technology Corp.
  • Himax Technologies, Inc. Sponsored ADR
  • Novatek Microelectronics Corp.
  • Pixelworks, Inc.
  • Macroblock, Inc.
  • FocalTech Systems Co., Ltd.
  • ALi Corporation
  • Shanghai Fullhan Microelectronics Co., Ltd. Class A
  • Allwinner Technology Co., Ltd. Class A
  • Sequans Communications SA Sponsored ADR
  • Richwave Technology Corporation
  • CEVA, Inc.
  • ASE Technology Holding Co., Ltd.
  • Bestechnic (Shanghai) Co., Ltd. Class A
  • CyberTAN Technology, Inc.
  • Espressif Systems (Shanghai) Co. Ltd. Class A
Last Updated on 26 Oct, 2021

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