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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 2021 TWDUSD
Revenue493,414.58M17,664.93M
Gross Profit221,156.92M7,917.72M
Operating income108,082.62M3,869.50M
Income before tax125,873.57M4,506.45M
Net income111,421.06M3,989.02M
EBITDA118,661.31M4,248.24M
Diluted EPS70.212.51
Dividends Per Share732.61
Total Assets660,876.74M23,886.82M
Total liabilities227,228.85M8,212.99M
Total equity432,015.29M15,614.82M
Operating cash flow49,624.24M1,776.61M
Currency in TWDCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 238,216.31M 238,057.34M 246,221.73M 322,145.98M 493,414.58M
Gross Profit 77,906.35M 84,389.49M 94,866.72M 131,841.00M 221,156.92M
Operating income 9,837.28M 16,203.09M 22,591.44M 43,245.71M 108,082.62M
Income before tax 27,165.29M 23,330.29M 27,099.98M 47,231.63M 125,873.57M
Net income 24,332.60M 20,760.49M 23,032.72M 40,916.80M 111,421.06M
EBITDA 17,029.49M 23,753.28M 30,953.69M 53,120.32M 118,661.31M
Diluted EPS 15.47 13.17 14.57 25.83 70.21
Dividends Per Share 10 9 10.50 37 73
Total Assets 394,814.18M 402,836.04M 458,701.79M 533,906.32M 660,876.74M
Total liabilities 133,615.17M 128,510.13M 144,302.25M 158,821.87M 227,228.85M
Total equity 259,811.64M 272,946.22M 312,750.34M 371,833.82M 432,015.29M
Operating cash flow 20,054.92M 19,324.59M 46,608.59M 79,172.29M 49,624.24M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 7,830.21M 7,894.59M 7,965.06M 10,940.77M 17,664.93M
Gross Profit 2,560.79M 2,798.57M 3,068.85M 4,477.60M 7,917.72M
Operating income 323.35M 537.33M 730.81M 1,468.71M 3,869.50M
Income before tax 892.92M 773.69M 876.66M 1,604.08M 4,506.45M
Net income 799.81M 688.47M 745.08M 1,389.62M 3,989.02M
EBITDA 559.76M 787.72M 1,001.32M 1,804.08M 4,248.24M
Diluted EPS 0.50 0.43 0.47 0.87 2.51
Dividends Per Share 0.32 0.29 0.33 1.25 2.61
Total Assets 13,267.27M 13,105.90M 15,301.79M 19,001.57M 23,886.82M
Total liabilities 4,489.98M 4,180.95M 4,813.76M 5,652.42M 8,212.99M
Total equity 8,730.67M 8,880.05M 10,433.01M 13,233.46M 15,614.82M
Operating cash flow 659.20M 640.85M 1,507.74M 2,688.86M 1,776.61M

Valuation Measures

Dec 2021
PER16.86
ROA18.65%
ROE27.72%
Operating margin21.90%
Profit margin22.58%

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

  • The Vanguard Group, Inc. (2.9%)
  • GIC Pte Ltd. (Investment Management) (2.8%)
  • TSAI MING CHIEH /TW/ (2.5%)
  • LEE CHUI HSING (2.5%)
  • BlackRock Fund Advisors (2.2%)
  • Saudi Arabian Monetary Agency (Investment Management) (1.8%)
  • CHO CHIH CHE (1.8%)
  • Labor Pension New Fund (1.7%)
  • Fubon Life Insurance Co., Ltd. (1.5%)
  • SNC /Tw/ (1.5%)

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.
  • Marvell Technology, Inc.
  • Synaptics Incorporated
  • Broadcom Inc.
  • LX Semicon Co., Ltd.
  • Alpha and Omega Semiconductor Limited
  • O2Micro International Limited Sponsored ADR
  • Parade Technologies, Ltd.
  • Global Mixed-Mode Technology, Inc.
  • Qualcomm Incorporated
  • Sitronix Technology Corp.
  • Himax Technologies, Inc. Sponsored ADR
  • Novatek Microelectronics Corp.
  • Pixelworks, Inc.
  • Richwave Technology Corporation
  • Macroblock, Inc.
  • FocalTech Systems Co., Ltd.
  • ALi Corporation
  • CEVA, Inc.
  • Shanghai Fullhan Microelectronics Co., Ltd. Class A
  • Allwinner Technology Co., Ltd. Class A
  • Sequans Communications SA Sponsored ADR
  • Ingenic Semiconductor Co., Ltd Class A
  • ASE Technology Holding Co., Ltd.
  • Bestechnic (Shanghai) Co., Ltd. Class A
  • CyberTAN Technology, Inc.
  • Espressif Systems (Shanghai) Co. Ltd. Class A
Last Updated on 19 May, 2022

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