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MediaTek Increases Capital for Developing Car IC
By Korbin Lan
Published: May 06,2014
TAIPEI, Taiwan- After succeeding in the smart phone and tablet market, MediaTek started advancing automotive market, announcement Monday that its subsidiary Autochips increased capital of RMB$ 73 million for developing automotive IC.
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Autochips is a subsidiary of MediaTek, based on China Hefei, been divided out from Mediatek's automotive electronics division, specializing in the production of automotive IC, the current staff has reached the scale of hundreds of people, the main areas of application for the car audio navigation.
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