Friday, July 16, 2010

MediaTek June sales to reduce slack sales in China

MediaTek is expected, that its sales decline significantly in June 2010 find, probably under NT $ 9 billion (US $ 280,3 million), as the China's recent efforts to inspect government tax evasion of white-box handset makers has seriously affected sales of MediaTek handset solutions in China, according to industry sources.

MediaTek revealed at a technology forum held in New York recently, which remain flat in the third quarter sales and gross margin is a JP Morgan Chase report as note below trend cited Chinese language commercial times in the second half.

JP Morgan Chase, also said that 70-80 handset had design in Shenzhen, China, and a further 10-20-design companies in Shanghai houses, suspend their operations in the past weeks as the China Government to crack the preload phones with software, has led a campaign to design houses down that developed to users services without your knowledge to encourage access to premium rate 2-3.

JP Morgan Chase has his target price for MediaTek to NT $ 490 $ 410 (US $ 12,73) than its previous target of NT, said the paper gesenkt.MediaTek's share price sank NT $ 6.50 on NT $ 425.5 on the Taiwan Stock Exchange (TSE) to July close 2 following a loss of NT $ 20.50 in the previous session.

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