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MediaTek Expends Financial Investment in Singapore for IoT

By Korbin Lan
Published: Jul 03,2014

TAIPEI, Taiwan- MediaTek celebrates its 10th year in Singapore with a SGD250 million financial commitment, to expand its R&D operations in developing of consumer, medical and industrial IoT solutions.

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MediaTek Singapore is already one of the company’s most advanced global research and development centres, helping to lead world-class RF solution development for mobile, broadcast and connectivity applications to help drive IoT.

In addition to research, MediaTek Singapore is the regional hub for logistics and manufacturing operations while also serving as IT operations and management centre for the Asia Pacific region.

Marking this anniversary and reinforcing its long-term commitment to Singapore, MediaTek is committing to spend more than SGD250 million by 2020 to expand its R&D operations.

It will establish an innovation centre in Singapore that aims to develop consumer, medical and industrial IoT opportunities, such as smart city, health and wellness products and applications. This strategic R&D leverages Singapore’s well-established healthcare infrastructure and its desire to build a smarter city using the latest technology to improve people’s lives.

MediaTek decided to boost its R&D capability in Singapore to enhance its technology competitiveness and to enable the development of affordable solutions that meet the needs of the billions of consumers in the rising Super-mid market. The money will be used to build advanced integrated circuit (IC) design capability in high speed Central Processing Unit (CPU) and Graphics Processing Unit (GPU).

These are currently the main differentiators and requirements for consumer products such as smartphones, tablets and smart TV’s that combine high performance and energy-efficiency at affordable prices.

“We are delighted that MediaTek plans to significantly expand its IC design centre here, making it the largest in Singapore with over 300 engineers.” said Mr. Leo Yip, Chairman of the Singapore Economic Development Board.

“The IC design centre and the new innovation centre will develop exciting new products and applications, enabling Singapore to harness growth opportunities from the Internet of Things.”

“With technology in hand, we believe anyone can achieve something amazing and with it become an Everyday Genius,” said Mr. Ming-Kai Tsai, MediaTek Chairman and CEO.

Since its inception in 2004, MediaTek Singapore has grown exponentially to a 250-person organisation. Over the last 10 years, the company has invested over SGD180 million in this Singapore R&D facility. This new commitment underscores MediaTek’s confidence in Singapore’s R&D environment, business landscape and infrastructure as an area to grow its business.

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