BANGALORE, INDIA: MediaTek Inc., a global fabless semiconductor company and a market leader in cutting-edge systems-on-a-chip (SOC) for wireless communications, HDTV, DVD and Blu-ray, announced a new Research & Development (R&D) facility at Bengaluru.
Focus for the new R&D center will be to develop innovative solutions for wireless communications and establish MediaTek’s presence in other core segments like connectivity & home entertainment devices.
Reflecting the strong growth phase the organization is witnessing, MediaTek announced its robust expansion plans for the Indian market with an investment of $200 million to be made during the course of the next few years.
With this new investment, MediaTek is set to boost its R&D capability in India to enhance its technology competitiveness and to enable the development of affordable solutions that meet the needs of the billions of consumers in the rising Super-mid market.
The already operational facility is spread across approximately 70000 sq ft and has been strategically established in the bustling Tech Park, along the Outer Ring Road in Bengaluru.