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CHIP-MAKER MEDIATEK PLANS TO INVEST $200 MILLION ON EXPANSION
[August 22, 2014]

CHIP-MAKER MEDIATEK PLANS TO INVEST $200 MILLION ON EXPANSION


(Indian Business Insight Via Acquire Media NewsEdge) MediaTek, the chip manufacturer from Taiwan, intends to invest $200 million (around Rs1,200 crore) in India. The company will mostly make the investment in its design centre in Bangalore, with the aim of gaining a larger share in India's smartphone market. The company plans to recruit 500 chip design engineers in Bangalore by 2017. These engineers will work on designing chips for mobile devices, home entertainment systems and wireless technologies. The company is looking at engineers with experience in semiconductor, Integrated Chip (IC) design, connectivity software and other related areas.



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