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

- Advertisement -
- 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 -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

Exclusive: AET Display Says Will Invest Rs 350 Crore In India In Five Years

0
Headquartered in China, the company believes that the Indian market for LED Displays will grow better than in its home country five years from...
teamwork

Team Comes First… Maybe Not

0
The order of priorities may vary, but building a strong team is essential for the long-term success of any startup. By strategically navigating the...

AMU’s Nehal Gupta Says Used EV Market Key To CEV Finance

0
Unlike the used vehicle market, no market exists for used commercial EVs. The former has been one of India's biggest vehicle sales enablers. So,...

Buzz

SB Energy Earns $2.4 Bn Funds for Domestic Renewable Projects

0
SB Energy is exploring various tax incentives SB Energy has committed to deploy 1.1 million high-domestic content solar modules SB Energy Global has...

Japan’s TDK to Produce Li-ion Batteries in India

0
The commencement of commercial production is expected soon, marking a notable collaboration between TDK and Apple in India's manufacturing sector and generating employment. Japan's TDK...
ECARX Partners With AMD For a Digital Cockpit

AMD Technostar to Boost Employment in Bangalore

0
Spread over 500,000 square feet, the facility will employ 3000 engineers.  Advanced Micro Devices (AMD) has inaugurated its largest global design centre in Bengaluru, India,...

Important Sectors

SB Energy Earns $2.4 Bn Funds for Domestic Renewable Projects

0
SB Energy is exploring various tax incentives SB Energy has committed to deploy 1.1 million high-domestic content solar modules SB Energy Global has...

Maruti Suzuki Aims To Implement Automated Driving Test Tracks In Uttar Pradesh

0
The goal of the initiative is to enhance the driving license issuance process by making it more thorough, efficient, and transparent through the use...

TATA Power Signs Acquisition With Bikaner For A Renewable Energy Project

0
Tata Power has committed to a 35-year maintenance responsibility for a transmission project This project aims to integrate more than 500 GW of...

OREDA Announces Bids For Rooftop Solar Projects

0
Solar modules must be included in the Ministry of New and Renewable Energy's Approved List The last date for bid submission is December...

EV Sales In India Surge by 50%, Reaching 1.38 Million Units From January To...

0
India EV Inc Nears Historic Milestone with 1.5 Million Units Target in CY2023, Recording 1.38 Million Sales in 11 Months and an Impressive 50%...

Manufacturing

High-Level Executives Announce Their Departure from Stellantis

0
This declaration was made just half a year after Mahajan's elevation to the position of Sales and Marketing Director for the ASEAN markets at...

Foxconn to Expand its Footprint in India

0
This investment follows Foxconn's withdrawal from a $19.5 billion chipmaking joint venture in India. Hon Hai Precision Industry Co., also known as Foxconn Technology, plans...

Toyota Group Announces Sale Of Denso Shares Worth US$ 4.7 Billion

0
The stake sale occurs as the Japanese giant accelerates its electric vehicle production. Toyota Motor and its affiliates, Toyota Industries and Aisin are set to...

Union Industry Minister Piyush Goyal Meets Micron CEO for Expansion in India

0
He also met with entrepreneurs and VCs who can contribute to India’s growing talent in technological areas such as artificial intelligence. India's Commerce and Industry...

Which Are The Potential States To Host The Production Of Tesla In India?

0
The American electric vehicle giant Tesla Inc., led by CEO Elon Musk, has frequently hinted at its ambition to break into the burgeoning Indian...