On this (3) day, the Joint Development Division held a law conference and announced the fourth quarter financial report of last year. Affected by customers' inventory adjustment, gross profit margin and net profit both fell, and net profit after tax fell to NT $18.514 billion (the same below), a new low in two years. The annual net profit maintained a slight increase of 118.141 billion yuan, an increase of 6%.

According to the financial report, the revenue of MediaTek in the fourth quarter of last year was 10.8194 billion yuan, with a quarterly decrease of 23.9% and an annual decrease of 15.9%. The net profit after tax was 18.514 billion yuan, with a quarterly decrease of 40.4% and an annual decrease of 38.6%.

Last year, the annual revenue of MediaTek was 548.796 billion yuan, an increase of 11.2%, a gross profit margin of 49.4%, and a net profit after tax of 118.141 billion yuan, an increase of 6%.

In addition, in the fourth quarter of last year, as mobile phone customers entered the stage of de-stocking, the revenue of MediaTek dropped significantly. With the convergence of the revenue scale, the gross profit rate and net profit both fell, hitting new lows since the fifth quarter and the eighth quarter respectively, affecting the overall profit.