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Novatek quarterly revenue tops NT$30 billion

Original: Novatek quarterly revenue tops NT$30B as smartphone demand, edge AI chips lift results

Taiwanese chip designer Novatek posted quarterly revenue exceeding NT$30 billion, lifted by stronger smartphone demand and growing orders for its edge AI chips. The results underline how recovering handset shipments and the spread of on-device AI processing are boosting the semiconductor display driver and SoC supplier's business.

Why now: Novatek's results signal renewed strength in smartphone demand and the fast-growing edge AI chip market.

NovatekTaiwansmartphonesedge AI chipsDigiTimes

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Evidence

• Novatek quarterly revenue tops NT$30B as smartphone demand, edge AI chips lift results · digitimes

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