MediaTek Expecting Chip Shortage To Ease By 2022-End: Report

- Advertisement -

Jain said the company is seeing an increase in demand for India. Besides mobile phones, it will focus on technology for the internet of things and smart homes segment

Mediatek India Managing Director Anku Jain said that the company does not have a semiconductor plant of its own and would like to collaborate with chips makers and other vendors that have proposed to set up their facilities in India

Chipmaker Mediatek expects the supply of chipsets to ease by the end of this year as the capacities to manufacture semiconductors are being built across the world.

- Advertisement -

In a conversation with PTI, Mediatek India Managing Director Anku Jain said that the company does not have a semiconductor plant of its own and would like to collaborate with chips makers and other vendors that have proposed to set up their facilities in India.

”No doubt, there has been a chipset shortage issue in the last one to two years. The reason was, you know, demand was so much during the pandemic that no one anticipated and secondly, disruption in supply chains,” Jain said while speaking on the sidelines of 5G India Leadership Summit 2022.

He said that MediaTek has a very good relationship with original equipment makers and also with other foundry partners which helped the company manage the situation.

”I feel personally that by the end of this year, the situation should improve because the capacity is being built as we speak around the world,” Jain said.

Jain said the company is seeing an increase in demand for India. Besides mobile phones it will focus on technology for the internet of things and smart homes segment.

According to him, the government’s Rs 76,000 crore-Semicon India programme looks ambitious and there is a serious intent visible from the government to make it successful.

”At MediaTek, we design chips and then someone manufactures for us like for example TSMC. So, if a company in India is able to offer great manufacturing facilities, it’s good news for me because we can source it locally and do stuff here. If the entire ecosystem comes to India, I think it’s great news for companies like us,” Jain said.

According to Counterpoint Research, Mediatek has been the top chipset supplier for mobile phones since July-September quarter 2020. The company claims leadership in the smart TV segment with 65 per cent global market share and in retail broadband devices with 40 per cent market share.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

Leapmotor Set To Launch Tiago EV Competitor And SUV In India

0
This year, the company carried out a feasibility study and has reached a decision; an announcement is expected very soon, with a probable entry...

Royal Enfield Establishes EV Commercial Team

0
The company's management stated that they had developed a comprehensive product plan and a future roadmap for electric vehicles, but they did not reveal...
Tata

Tata CFO Balaji Advocates Asset-Light Model For E-Bus Procurement

0
Balaji's comments were made following a question about the Uttar Pradesh State Transport Corporation's recent announcement of a tender for 5,000 electric buses, which...

Important Sectors

Leapmotor Set To Launch Tiago EV Competitor And SUV In India

0
This year, the company carried out a feasibility study and has reached a decision; an announcement is expected very soon, with a probable entry...

Royal Enfield Establishes EV Commercial Team

0
The company's management stated that they had developed a comprehensive product plan and a future roadmap for electric vehicles, but they did not reveal...
Tata

Tata CFO Balaji Advocates Asset-Light Model For E-Bus Procurement

0
Balaji's comments were made following a question about the Uttar Pradesh State Transport Corporation's recent announcement of a tender for 5,000 electric buses, which...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...

Ola Secures Patents For Three Electric Bike Designs

0
The electric bike features dual rear shock absorbers and a motor mounted on the hub. Ola has successfully secured patents for three new electric bike...

Manufacturing

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...
Sona Comstar

Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply

0
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...

Nokia Collaborates With Dixon Technologies Unit For Telecom Production

0
Dixon Technologies Vice Chairman and Managing Director Atul B. Lall mentioned that the product development is nearing completion, and they expect to begin commercial...

EMotorad’s Gigafactory For E-Cycles Nears Completion

0
The gigafactory for the e-cycle manufacturer is under construction in four stages. This facility will produce various parts such as batteries, motors, displays, and...

Zen Mobility Opens Micro Pod Plant In Manesar With 50K Capacity

0
In addition to manufacturing, the facility also contains sophisticated research and development centers focused on design engineering and product planning. Zen Mobility recently opened its...