MediaTek reported a revenue of NT$41.683 billion in December 2024, marking a 4.57% decrease from the previous year. Despite this monthly dip, the company's fourth-quarter revenue witnessed a robust 6.54% year-on-year increase. For the full year 2024, MediaTek's revenue soared to NT$530.586 billion, reflecting a 22.41% jump compared to 2023, thereby establishing the second-highest revenue record in its history. This substantial growth was fueled by various factors, including the success of its flagship products, the integration of generative AI technologies, and advancements in Wi-Fi 7 and 10GPON technologies. Looking ahead, MediaTek aims to tap into the customized AI accelerator market by 2028, a sector projected to reach a market size of $45 billion. The company is committed to furthering its strategy of developing customized chips for enterprise applications and achieving breakthroughs in the automotive product market.
