MediaTek expects to recruit more than 2,000 R&D talents this year

Semiconductor industry analyst Malcolm Penn previously said that the global semiconductor market has fallen into a rare downturn, and the market will shrink further. There is news today that MediaTek will continue to recruit talents in such a harsh market environment. Despite the short-term noise in the semiconductor market, considering the long-term development of the company, MediaTek will not only reward employees with generous dividends, but will also recruit more than 2,000 R&D talents this year . In this regard, some industry insiders said that in order to continue to develop new products, semiconductor companies will basically not reduce the recruitment of core R&D personnel.

Previously, in the face of the shrinking smartphone market, MediaTek has adjusted its annual growth forecast for the full year. Specifically, MediaTek revised down its original 20% increase to a high-teens percentage, which is roughly between 17% and 19%. MediaTek's performance is relatively solid compared to other companies' performance that may generate negative growth .

MediaTek released its July financial report on August 10 . The financial report shows that MediaTek’s July sales were NT$40.89 billion (about 9.241 billion yuan), and revenue in July increased by 1.31%; the cumulative sales in the first seven months reached NT$339.331 billion (about 76.689 billion yuan), A year-on-year increase of 23.82%.

In addition, MediaTek's consolidated revenue in the first six months of 2022 was NT$298.44 billion (about 67.447 billion yuan), an increase of 27.7% over the same period in 2021, setting a new record for the same period.

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