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MediaTek plan investing $200 million

MediaTek today said it will be investing $200 million to expand its presence in India in the next few years.A part of the investment will be used for its new Research & Development (R&D) facility in Bengaluru.
MediaTek is planning to achieve 100 resources in Bangalore by this year-end and 500 in the next few years. R&D center to focus on developing innovative solutions for wireless communications. This apart, MediaTek will utilize the facility to strengthen its presence in other segments like connectivity and home entertainment devices.
MediaTek said its R&D capability in India will enhance its technology competitiveness to enable the development of affordable solutions that meet the needs of the billions of consumers in the rising super-mid market.

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