Recently, Taiwan IC design company MediaTek held a general meeting of shareholders and attended the press conference, chaired by Chairman Cai Mingjie, co-executive Cai Qixing attended the same stage. Period, MediaTek for the market noise has been answered and clarified, put forward the smart phone revitalization plan. On the layoffs rumors Cai Li Xing said, never believe that layoffs, MediaTek will not be layoffs, MediaTek has a lot of good talent, will not easily give other companies. As of May this year, MediaTek has recruited 400-500 employees, the second half will continue to recruit 1,000 employees.
Industry status product planning
In the past 20 years, MediaTek has become the world's top 10 semiconductor revenue companies. If you look at the chip design company, MediaTek's ranking is the third in the world.
Q1 this year, data, MediaTek has a balanced multi-business portfolio, including mainstream smart phones and flat product line, accounting for about 40-50% of revenue; another 20% -25% of the revenue share is highly growth Products, including intelligent voice aids, Internet of things, power management and ASIC, we expect the next 1 to 2 years, growth products accounted for more than 30% of revenue.
In the future, MediaTek will continue to focus on the next generation of new technologies, including: 1) wireless connectivity and modem (connectivity), 2) computing (computing), and 3) multimedia (multimedia).
Smartphone revitalization plan
This year the global smart phone market demand is weak, which is including MediaTek, including the entire supply chain challenges. In addition, because of product planning problems, this year there are some market share loss.
MediaTek's revitalization plan will proceed from the most fundamental product competitiveness:
The second half of the Helio P series and 4G entry-level new product production, will significantly improve the Cat. 7 & Cat. 4 modem costs. Has been adopted by the mainland first-line mobile phone brand, the goal is to stabilize the first half of the gross margin, and then gradually recover the market share.
Start next year, the new cost of the structure of the modem to the whole product line, thereby improving the overall gross margin.
In the medium to long term, mobile platforms and technologies (eg, 5G, high-performance computing, low power, etc.) combined with artificial intelligence will create more opportunities for developing Intelligent Devices. At the same time, we will also assess industry opportunities and competition, prudent allocation of resources.
Cai Mingjie clarified rumors
Chairman Cai Mingjie once again clarified that MediaTek's subsidiary is not planned to be listed in China.
Similar to many international companies strategy, MediaTek is from the perspective of business portfolio management (business portfolio management) from the perspective of subsidiaries and product lines, including the establishment of subsidiaries or joint ventures, spin-off, mergers and acquisitions, are operating Part of the strategy.
MediaTek's partners include global strategic partners, not just mainland companies. MediaTek will be the subsidiary company and the product line of industrial development, market characteristics and industrial competition, select the appropriate strategy model, if the future specific progress, according to the rules to explain to you.
No staff to recruit staff
Dr. Cai Rixing in the semiconductor, communications professionals and international management capabilities, the future development of MediaTek will be of great help. Outside the mistake is because MediaTek faces operational challenges, only invited Dr. Cai Rixing to join, in fact, regardless of the company why, as long as the opportunity, we will actively invite Dr. Cai Rixing such talents to join the management team.
Outreach Dr. Cai Rixing joined MediaTek's main task is to streamline personnel. In fact, Dr. Tsai has been involved in internal discussions over the past few months, focusing on new market opportunities and investing in the future. Many topics have been discussed, that is, there is no discussion of layoffs.
Co-executive director Dr. Cai Lixing said that talent is a resource, never believe that layoffs, MediaTek will not be layoffs. MediaTek has a lot of good talent, will not easily give other home company. As of May this year, MediaTek has recruited 400-500 employees, the second half will continue to recruit.
45 billion yuan investment in progress
MediaTek will propose to expand investment in semiconductor, information and communications (including hardware and software and digital economy), and artificial intelligence and other related industries, which is the world in the field of competition. Last year, MediaTek announced that it would invest 200 billion Taiwan dollars (45 billion yuan) in five years in seven major emerging technology areas, is currently ongoing.
