MediaTek (2454-TW) Today (29) held a law meeting, CEO Cai Lixing pointed out that considering the increase in overall market uncertainty, the global smartphone shipment forecast and 5G sales forecast for this year were revised down to 12-12. 1.27 billion, 600 million, not only the second downward revision, but also higher than Qualcomm (QCOM-US) is more conservative.
Due to the impact of global inflation on terminal consumption and the sluggish willingness to replace 5G mobile phones, Samsung and Qualcomm have recently released conservative outlooks on global smartphones. Above, but the current view has been revised to 650-700 million, a decrease of as much as 14%.
Coincidentally, MediaTek originally expected at the end of last year that global smartphone sales might increase by 1-3% annually this year. In the first quarter, the law has lowered its estimate to regarding 1.35 billion units. The economic environment has changed, and the global sales volume has been revised down to 1.2-1.27 billion units, a decrease of regarding 6-12%.
In terms of 5G mobile phones, MediaTek originally expected to reach 700 million units this year. Last time, it was slightly reduced to 660-680 million units. This time, it was further lowered to 600 million units, which is equivalent to a significant decrease of 100 million units compared with the original expectation. About 10-12%.
Cai Lixing said that despite the recent impact of the general environment, the annual growth rate of 5G smartphones is still 20% for the whole year, and MediaTek’s penetration rate and market share in the high-end market continue to increase, and it is also preparing for the next generation. Flagship chips and rich product portfolio are expected to maintain the existing market share.
In response to the recent market fluctuations, Cai Lixing believes that the uncertainty of the current market including China and the United States is high, and it is impossible to accurately grasp the recovery schedule. However, according to the existing inventory, it will take 2-3 quarters to digest to the normal water level, so MediaTek is also dynamic Adjust the amount of wafers put into the fab, and work closely with the packaging and testing plant to strictly control the inventory, slow down the recruitment speed, and reduce operating expenses.
Looking forward to the future, Cai Lixing still emphasized that MediaTek expects that the penetration rate of 5G mobile phones will increase from 50% this year to more than 80% in the next few years, and the functions of 5G mobile phones will be more abundant, and the company can continue to grasp the benefits brought by 5G upgrades.
MediaTek added that the company’s 5G products are popular in the market. According to the market survey report, among the top 20 Android models sold during the shopping festival, 13 models use MediaTek solutions, of which 5 models use the 5G flagship Dimensity 9000 and high-end 8100. , 8000 wafers.
