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MediaTek Estimates Q2 Revenue Flat to 6% Sequential Decrease, Full Year Up 9%

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MediaTek announced that its Q2 revenue is expected to be flat to a 6% sequential decrease, but anticipates a 4% to 9% growth in full-year USD revenue. Due to cautious customer demand, the mobile chip business may decline in Q2, but is expected to recover in the second half of the year.

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