- The company globally invested approximately $2 billion on R&D in 2019
- 32 per cent to 37 per cent revenues from mobile computing for the company in 2019
Semiconductor major MediaTek has reiterated its focus on AI, rich IoT and 5G. By doing this, the company aims to create new age experiences across mobile and non-mobile categories in the year 2020.
The company said that it has generated nearly 32 per cent to 37 per cent revenues from mobile computing (smartphones and tablets), 32 per cent -37 per cent from AIoT/Analog/ASIC focusing on connectivity (Wi-Fi/Bluetooth) for various devices in 2019. It also said that 28 per cent to 33 per cent came from smart-home and other categories in 2019.
India key growth market
Anku Jain, managing director, MediaTek India, said, “India has been a key growth market for us both in terms of business value proposition and talent pool. We have a strong R&D team in India, and we plan to continue developing global and India-specific products around our key focus areas – mobile, home and, auto.” The company globally invested approximately $2 billion on R&D in 2019.
Rich IoT Program
MediaTek launched several products this year like the Rich IoT Program . It aims to accelerate the design of smart connected devices based on open standards. The program offers a series of AI-enabled chip-set platforms to companies that want to innovate and develop products across the intelligent devices market. It has also launched the MediaTek i700 platform that provides cutting-edge IoT applications required in smart Homes cities and manufacturing.