Cluck­ing de­li­cious

Me­di­aTek an­nounces at­tain­ing of sales goal for the first quar­ter

The China Post - - TAIWAN BUSINESS -

Me­di­aTek Inc. ( ), one of Tai­wan’s lead­ing in­te­grated cir­cuit de­sign­ers, re­ported Thurs­day that it had at­tained its sales tar­get for the first quar­ter of the year, largely on the back of a sharp in­crease in its March rev­enues.

The com­pany re­ported firstquar­ter con­sol­i­dated sales of NT$47.54 (US$1.53 bil­lion) bil­lion, well within its es­ti­mate of NT$45.5 bil­lion to NT$49.9 bil­lion.

The strong first-quar­ter per­for­mance was driven by a 110 per­cent monthly in­crease to NT$20.4 bil­lion in con­sol­i­dated sales for March, Me­di­aTek’s sec­ond high­est monthly fig­ure ever af­ter the NT$21.60 bil­lion recorded in Oc­to­ber 2014.

The March fig­ure also repre- sented a 17.05 per­cent year-onyear in­crease.

Me­di­aTek’s strong show­ing in March can be at­trib­uted to a re­turn to the nor­mal num­ber of work­ing days in that month af­ter the Lu­nar New Year hol­i­days in Fe­bru­ary, ac­cord­ing to mar­ket an­a­lysts.

In ad­di­tion, Me­di­aTek’s Chi­nese clients started in March to build their in­ven­to­ries to meet ex­pected strong de­mand dur­ing the La­bor Day hol­i­days in China, which start May 1, an­a­lysts said.

Due to the com­par­a­tively slower sea­son in the first quar­ter, how­ever, Me­di­aTek’s con­sol­i­dated sales in the first three months of the year were down from the NT$55.45 bil­lion recorded in the fourth quar­ter of 2014.

CNA

Con­sumers line up to buy Tai­wan’s fa­mous fried chicken cut­lets from a store that re­cently opened in Bangkok, yes­ter­day. Con­sumers line up ev­ery day to get a taste of de­li­cious Tai­wanese fried chicken cut­lets, with the store hav­ing seem­ingly carved its own niche in Thai­land’s com­pet­i­tive fried chicken cut­let mar­ket.

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