Telecom chip vendor 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.
The company is planning to achieve 100 resources in Bangalore by this year-end and 500 in the next few years.
The R&D center will 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.
Grant Kuo, managing director, MediaTek India, said: “MediaTek Bangalore R&D center would cater to the growing needs of millions of consumers in emerging Super-mid market, especially in the South-East Asian region.”
Akshay Aggarwal, general manager, MediaTek Bangalore, said: “By year-end, we plan to build a workforce of over 100 professionals with expertise in the IC design industry, and over the next few years, we look to grow to over 500 in number.”
The facility is spread across approximately 70000 sq ft and has been strategically established in the bustling Tech Park, along the Outer Ring Road in Bengaluru.
The new center will work in collaboration with other globally located R&D facilities of MediaTek to design solutions that combine hardware, software and services to deliver a seamless cross-platform experience to consumers.
MediaTek currently has a R&D facility situated in Noida, Delhi-NCR Region, and will continue to grow.