Taipei, May 4 -- MediaTek Inc. has announced that it expects its annual revenue to grow by nearly 10 per cent this year, despite a projected stagnation or decline in the second quarter. The Taiwan-based integrated circuit designer cited cautious market demand as a primary factor for the near-term outlook, according to a report by Focus Taiwan.

For the second quarter of 2026, the company estimated revenue to fall between NT$140.2 billion (approx. USD 4.46 billion) and NT$149.2 billion (approx. USD 4.74 billion). These figures represent a range from flat growth to a 6 per cent decline compared to the first quarter. On a year-over-year basis, the forecast suggests a potential drop of between 1 and 7 per cent.

As per the report, MediaTek CE...