MediaTek’s stock price fluctuated and fell, reaching NT$550 in intraday trading, a new low in more than two years.
With the loosening of foreign chips, more than 5,554 copies were sold for 6 consecutive trading days. MediaTek’s stock price frequently broke the bottom. Today, it once reached 550 yuan, hitting a new low in more than 2 years, down 18 yuan, and its market value fell below the 900 billion yuan level. It fell to 879.6 billion yuan.
The mobile phone market demand is sluggish, and the legal person expects that the mobile phone chip factory MediaTek’s revenue in the second half of the year may decline quarter by quarter. In addition, in the fourth quarter, it may face downward pressure on the price of 5G mobile phone chips.
With the influx of safe-haven funds in the market, Chunghwa Electric’s stock price was relatively resistant to decline, fluctuating around 116 yuan, with a market value of about 899.8 billion yuan, surpassing MediaTek and ranking third in Taiwan stocks, second only to Hon Hai and TSMC, while MediaTek fell to No. 4 in Taiwan stocks.
(Editor-in-Chief: Zhuang Yanyu)