NEW DELHI: Taiwanese chipmaker MediaTek - the world's biggest chipset provider to smartphone brands apart from automotive and home product makers - has said that it is ready to get its chips manufactured in India once fab production begins here.
MediaTek, which globally designs and contract-manufactures chips for companies such as Xiaomi , Samsung, Oppo and Vivo, believes that with the surge in electronics and automotive manufacturing in India and build-up of semiconductor facilities, it is time that the chip production begins here for global as well as local brands.
"If consumption is in India and manufacturing is in India, that's good for us. It (local manufacturing of chips) may also happen. It makes business sense, certainly it's a good thing to do. Things can be done to Make in India," MediaTek's India MD Anku Jain told TOI here.
Like Nvidia and Qualcomm, MediaTek operates as a fabless semiconductor company as it focuses on designing chips and software for devices such as smartphones, laptops, and automobiles, while outsourcing the actual chip fabrication to specialised foundries like TSMC. MediaTek supplies chips to companies in India as well as globally by getting them produced at TSMC, apart from outsourcing some of the work to Intel Foundry Services and GlobalFoundries.
With a $10-billion-incentive package, India has been pushing for production of semiconductor chips in the country. There are around 10 big projects in the semiconductor space under development in India.
MediaTek, which globally designs and contract-manufactures chips for companies such as Xiaomi , Samsung, Oppo and Vivo, believes that with the surge in electronics and automotive manufacturing in India and build-up of semiconductor facilities, it is time that the chip production begins here for global as well as local brands.
"If consumption is in India and manufacturing is in India, that's good for us. It (local manufacturing of chips) may also happen. It makes business sense, certainly it's a good thing to do. Things can be done to Make in India," MediaTek's India MD Anku Jain told TOI here.
Like Nvidia and Qualcomm, MediaTek operates as a fabless semiconductor company as it focuses on designing chips and software for devices such as smartphones, laptops, and automobiles, while outsourcing the actual chip fabrication to specialised foundries like TSMC. MediaTek supplies chips to companies in India as well as globally by getting them produced at TSMC, apart from outsourcing some of the work to Intel Foundry Services and GlobalFoundries.
With a $10-billion-incentive package, India has been pushing for production of semiconductor chips in the country. There are around 10 big projects in the semiconductor space under development in India.
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