Mediatek scales up R&D to strengthen presence in India

Fabless semiconductor major Mediatek has announced significant hiring plans in FY 2022 as part of the R&D facility expansion and commitment to the India market. With a focus on developing an innovative and comprehensive range of solutions, Mediatek is looking to hire across offices in India, with a focus on AI technologies, smart home/enterprise segments, 5G and wireless communications among others. Mediatek aggressively invests in R&D and cutting-edge technologies and, in 2020, Mediatek invested approximately US$2.6 billion (24% of revenues) in R&D, which is among the top global R&D spend by semiconductor companies, according to IC insights. In 2021, Mediatek further expanded its R&D budget to over Us$3billion for future business growth opportunities. Mediatek leads the market in chipset technology for smartphones, smart TVS, Arm-based computing devices and various AIOT connected devices such as voice assistant devices (VADS) optical and Blu-ray DVD players.