Top fabless semiconductor company chooses Singapore as its regional hub to strengthen support for growing Southeast Asian customer base.
Singapore, 4 March 2011 – MediaTek, a leading fabless semiconductor company for wireless communications and digital multimedia solutions will be growing its presence in Singapore with a new office at One North. MediaTek will also invest more than SGD 120 million to expand its research and development centre and business operations in Singapore.
“We are pleased that MediaTek, Asia’s largest fabless semiconductor company, has chosen to expand its operations in Singapore. This will further strengthen our semiconductor ecosystem, which comprises of many major IC design companies, foundries, and assembly and test houses. Besides generating spin-offs to Singapore-based semiconductor manufacturers, MediaTek’s partnerships with local research centres such as VIRTUS at the Nanyang Technological University, will further strengthen our pool of analogue and RF IC design talent,” commented Mr Leo Yip, Chairman of the Singapore Economic Development Board (EDB).
“MediaTek started its Singapore operations with 7 people in 2004 and quickly expanded to today’s team of more than 150 employees. I am pleased to announce that we plan to further double our team strength over the next few years and greatly expand our research and development operations here. Additionally, Singapore will now be MediaTek’s regional base for RF design. MediaTek’s increased investment in Singapore is driven by the country’s distinctive assets including a multi-cultural mix of world-class talent, easy logistics for Southeast Asia and the world, and a well-functioning business environment. By expanding in Singapore, MediaTek is even better positioned to grow our mobile business in the region and beyond,” said Mr Ming-Kai Tsai, Chairman and CEO of MediaTek.
"MediaTek is also an active patron of education in Singapore to show its long term local commitment. A MediaTek Joint Industry Programme provides scholarships to students for postgraduate studies in the field of IC design. “Our commitment to Singapore also includes investments in the education sector. Thus, we are also pleased to announce that MediaTek will further contribute to and collaborate with leading institutions in Singapore,” continued Mr Ming-Kai Tsai.
Founded in 1997 in Taiwan, MediaTek has quickly become one of the world’s leading fabless semiconductor companies and stands as the #1 supplier in the mobile phone chipset market. In 2010, MediaTek was ranked #6 in The Wall Street Journal’s list of “Asia’s 200 Most Admired Companies” and ranked #12 in Bloomberg Business Week’s list of “Global Top 100 High-Tech Companies.”
About MediaTek
Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.