Following a report regarding falling feature phone and smartphone demand in China, MediaTek has said its sales guidance for the current fourth quarter should remain on track. MediaTek expects fourth-quarter sales to fall somewhere between a decrease of 2% to an increase of 5% sequentially.

MediaTek's consolidated revenues for October and November totaled NT$15.16 billion, already making up 62-66% of the company's targeted NT$22.9-24.5 billion for the fourth quarter.

Industry sources were quoted in a recent report suggesting a recent slowdown in chip orders from China's handset market would imply an early arrival of the low season. Many Taiwan-based handset chip suppliers, which rely heavily on the China market, might report 5-10% sequential decreases in December revenues, the sources were quoted as saying.

Source:digitimes