- MediaTek informed that it had a strong focus on R&D in 2019
- The company had invested approximately $2 billion on R&D in the same year
- Intel has recently collaborated with Mediatek for 5G solutions
MediaTek, one of world’s largest semiconductor companies has reiterated its focus on 5G, AI and rich IoT. This focus, as per the company is to create new age experiences across mobile and non-mobile categories in the year 2020. Mediatek will also be organising the second edition of its Technology Diaries knowledge forum.
“Being a 5G leader with flagship 5G chips in the market, we are also looking at making these premium experiences accessible across the mid-tier category. Tapping the potential of India’s fast-growing gaming market is also going to be a priority,”noted, Anku Jain, Managing Director, MediaTek India.
The company had invested approximately $2 billion on R&D in 2019. Mediatek also noted about its strong focus on R&D in the same year. Mediatek, also recently announced its partnership with Intel to bring its new 5G modem to PCs. Through this partnership, Intel has been working with MediaTek on the 5G solution for deployment in key consumer and commercial laptop segments.
The revenues in 2019
MediaTek’s 2019 revenue figures consisted 32 to 37 per cent contribution from smartphones and tablets, 32 to 37 per cent from AIoT/Analog/ASIC focusing on connectivity (Wi-Fi/Bluetooth) for various devices and 28 to 33 per cent revenues from smart-home and other categories in 2019.
“MediaTek powers more than 1.5 billion devices a year across some of the world’s leading brands like Oppo, Realme, Vivo, Samsung, Xiaomi, Lenovo, Sony, Microsoft, Paytm, KENT, Broadlink, LG, Google, Amazon, Alibaba.com among others across products categories such as smartphones, automobile and surveillance cameras, smart bulb sockets, voice-assisted devices, audio systems, tablets, and portable biometric tablets among others,” read Mediatek’s official statement.
“India has been a key growth market for us both in terms of business value proposition and talent pool. We have a strong R&D team in India, and we plan to continue developing global and India-specific products around our key focus areas – mobile, home and, auto,” added Anku Jain.
