![]() The following merger between MediaTek and MStar was delayed by antitrust concerns in China and South Korea and finalized on February 1, 2014. The initial phase of the deal saw MediaTek taking a 48 percent stake, with an option to purchase the remaining stake later. On June 22, 2012, MediaTek announced it would acquire a rival Taiwanese chipset designer MStar Semiconductor Inc., which held a strong market share position in digital television chips. Coresonic became a wholly owned subsidiary of MediaTek in Europe. On April 11, 2012, MediaTek acquired Coresonic, a global producer of digital signal processing products based in Linköping, Sweden. On May 5, 2011, MediaTek acquired Ralink Technology Corporation, gaining products and expertise for Wi-Fi technology for mobile and non-mobile applications, as well as for wired DSL and Ethernet connectivity. The acquisition was finalised by January 11, 2008. ![]() On September 10, 2007, MediaTek announced its intention to buy Analog Devices cellular radio and baseband chipset divisions for US$350 million. In 2005, MediaTek acquired Inprocomm, a wireless semiconductor design company producing 802.11a, b and a/g chips. MediaTek overtook Qualcomm as the largest vendor of smartphone chipsets in the world in the third quarter of 2020, mainly due to significant growth in the Indian and Latin American markets. On November 25, 2019, MediaTek and Intel announced a partnership to bring 5G to PCs in 2021. In September 2019, MediaTek collaborated with VVDN Technologies to design, manufacture new-age AIoT solutions. The revenue growth was however partly due to revenue recognition from the acquisition of MStar which became effective at the beginning of 2014. Īs of November 2014, over 1500 mobile models accounting for 700 million units were shipped globally in 2014, using MediaTek chips, and the company posted revenues of US$5.3 billion in the first half of 2014, nearly as much as the whole of 2013. Īt Mobile World Congress 2014, MediaTek unveiled its new brand "Everyday Genius", dubbing the term "Super-mid market", with the vision and aiming to make smartphones more accessible affordable to the wider market. The mobile chip market quickly became the main growth driver for the company. By providing extensive system engineering assistance, the company allowed many smaller companies and new entrants to enter a mobile phone market that had previously been dominated by large, often vertically integrated corporations that had long been broadly entrenched in the telecommunications industry. Seven years later, it took orders for more than 500 million mobile system-on-chip units per annum, including products for feature phones and smart devices. The company launched a division to design products for mobile devices in 2004. In general MediaTek has had a strong record of gaining market share and displacing competitors after entering new markets. The company started out designing chipsets for optical drives and subsequently expanded into chips for DVD players, digital TVs, mobile phones, smartphones and tablets. was listed on the Taiwan Stock Exchange (TSEC) under the "2454" code on July 23, 2001. On May 28, 1997, the unit was spun off and incorporated. MediaTek was originally a unit of the Taiwanese firm, United Microelectronics Corporation (UMC), tasked with designing chipsets for home entertainment products. This was assisted by its strong performance in regions such as China and India. ![]() MediaTek became the biggest smartphone chipset vendor with 31% market share in Q3 2020. The company also provides its customers with reference designs. įounded in 1997 and headquartered in Hsinchu, the company has 41 offices worldwide and was the third largest fabless chip designer worldwide in 2016. ( Chinese: 聯發科技股份有限公司 pinyin: Liánfā Kējì Gǔfèn Yǒuxiàn Gōngsī) is a Taiwanese fabless semiconductor company that provides chips for wireless communications, high-definition television, handheld mobile devices like smartphones and tablet computers, navigation systems, consumer multimedia products and digital subscriber line services as well as optical disc drives. ![]() A Mediatek MT6575A inside an LG E455 Android smartphone
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