Today at MWC 2019, MediaTek announced its collaboration with 5G component suppliers and device makers to deliver a complete, standards-based and optimized 5G solution...
TAIPEI, Taiwan - The 3GPP standard conference will be held in Taipei, Taiwan, next week. To foster the local 5G supply chain in Taiwan...
AIT is a fabless IC design company which specializes in Image signal processing(ISP) technology and multimedia processors(MMP) for portable devices and consumer markets. Its product portfolio includes TV/Web camera processors for smart TVs and high definition video communications like skype video conferencing, Multimedia processors for digital video recorders, car DV and personal media players, and high-end ISP for smart phones.
MediaTek pointed out that MStar Semiconductors investigated the needs for a long-term development strategy, increasing product lines and expanding the scale of operations, and increasing their competitiveness in the global market, and they consequently decided to merge with AIT.
After the merger is completed, AIT will become a subsidiary company of MStar Semiconductors. Currently AIT has a workforce of approximately 100 employees; whereas MStar Semiconductors has between two and three thousand employees.
This merger will be carried out in two phases. The open acquisition period will be from April 10 to May 8, and as soon as the open stakes exceed 51% a shareholders meeting will be convened to discuss a 100% merger.
CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to email@example.com
- 1TSMC Unveils 6-nm Process with Direct Migration from N7-based Designs
- 2Environmentally-Friendly Palladium Recycling Technology
- 3Limited Smartphone 3D Sensing Market Growth in 2019, Says TrendForce
- 4MATRIX Industries’ No-charge GNSS Smartwatch Equipped with u-blox and TransSiP PI Technology
- 5Taiwan's Solar PV Market Continued to Grow in 2018, Says TrendForce