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联发科2025年营收增12.3%达新高,研发投入同步增长但利润增速趋缓
Xin Lang Cai Jing· 2026-02-05 04:29
Core Insights - MediaTek reported a steady growth trajectory in 2025, with both revenue and R&D investments reaching historical highs [1][2][3] Group 1: Quarterly Performance - In Q4 2025, MediaTek achieved a revenue of NT$150.19 billion (approximately RMB 33.18 billion), representing an 8.8% year-on-year increase and a 5.7% quarter-on-quarter increase [1] - The operating profit for the quarter was NT$21.85 billion (approximately RMB 4.83 billion), showing a 2.0% year-on-year growth but a slight 1.5% decrease from the previous quarter [1] - The net profit for Q4 was NT$23.07 billion (approximately RMB 5.09 billion), with net profit attributable to shareholders at NT$22.93 billion (approximately RMB 5.06 billion) [1] Group 2: Annual Performance - For the full year 2025, MediaTek's revenue reached NT$595.97 billion (approximately RMB 131.65 billion), marking a 12.3% year-on-year growth and achieving double-digit growth for two consecutive years [2] - The annual operating profit was NT$103.47 billion (approximately RMB 22.86 billion), reflecting a 1.0% year-on-year increase [2] - The total net profit for the year was NT$106.12 billion (approximately RMB 23.44 billion), with net profit attributable to shareholders at NT$105.32 billion (approximately RMB 23.27 billion), both showing a growth of about 1% [2] Group 3: R&D Investments - In Q4 2025, MediaTek's R&D expenditure reached NT$39.25 billion (approximately RMB 8.67 billion), a 6.79% increase year-on-year, accounting for 26.1% of quarterly revenue, a decrease of 0.5 percentage points from the previous year [1] - The total R&D investment for the year was NT$148.31 billion (approximately RMB 32.76 billion), representing a 12.36% year-on-year increase, with R&D expenses constituting 24.9% of annual revenue, remaining stable compared to the previous year [2] - The sustained high level of R&D investment indicates MediaTek's commitment to key areas such as 5G communication, AI computing, advanced process technology, automotive electronics, and edge intelligence [2] Group 4: Market Dynamics - MediaTek's revenue growth reflects resilience in the consumer electronics and smart terminal markets, while the slowdown in profit growth highlights intensified competition in the high-end chip sector and cost pressures from advanced technology R&D [3] - The company's advancements in AI-accelerated chips and high-end system-on-chip products will significantly influence its competitive landscape and long-term development capabilities in core markets [3]