MediaTek to invest $200 mn in India, launches R&D center in Bengaluru

MediaTek, a global fabless semiconductor company has announced a new R&D facility at Bengaluru and plans to invest $200 million in India.

Bengaluru R&D center will develop innovative solutions for wireless communications and establish MediaTek’s presence in other core segments like connectivity and home entertainment devices. With India’s semiconductor industry poised to grow significantly, 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.

Sharing insights on MediaTek’s expansion plans for India, Grant Kuo, managing director, MediaTek India, said, “MediaTek Bangalore R&D center would cater to the growing needs of millions of consumers in emerging super-mid market, especially in the South-East Asian region.”

Talking about the new R&D facility, Akshay Aggarwal, general manager, MediaTek Bangalore, said “By year-end, we plan to build a workforce of over 100 professionals with strong expertise in the IC design industry, and over the next few years, we look to grow to over 500 in number. The Bengaluru center for excellence will develop exciting new products and applications, enabling India to harness growth opportunities in emerging technologies like LTE and IoT.”

The already operational facility is spread across approximately 70,000 square feet and has been strategically established in the bustling Tech Park, along the Outer Ring Road in Bengaluru.

The new center will work in collaboration with other globally located R&D facilities of MediaTek to design solutions that combine hardware, software and services to deliver a seamless cross-platform experience to consumers.

MediaTek currently has a R&D facility situated in NOIDA (NCR Region), and will continue to grow. This new commitment underscores MediaTek’s confidence in India’s R&D environment, business landscape and infrastructure as an area to grow its business.

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