MediaTek

MediaTek Inc. (TWSE: 2454) is a Taiwanese fabless semiconductor company that designs and markets chips for wireless communications, mobile devices, and various consumer electronics products. Founded in 1997 and headquartered in Hsinchu, Taiwan, MediaTek has grown to become one of the world's largest fabless semiconductor companies.

MediaTek's product portfolio includes:

• Mobile processors and chipsets for smartphones and tablets

• Wireless communication chips for Wi-Fi, Bluetooth, and 5G technologies

• Smart home and IoT solutions

• Automotive chipsets for infotainment and connectivity

• Digital TV chips

• Optical storage controllers

MediaTek has been expanding its presence in the automotive sector, developing solutions for infotainment systems, vehicle security, and AI-enabled cockpit platforms. The company has partnered with major automakers to integrate its Dimensity Auto chipsets into upcoming vehicle models. In July 2023, MediaTek announced a collaboration with JioThings to launch "Made in India" smart digital clusters and modules for two-wheelers.

As of May 2022, MediaTek held the fourth position among global fabless semiconductor companies with a 16.6% market share. The company has been actively developing Wi-Fi 7 technologies and reported significant growth in Wi-Fi 7-enabled devices powered by its Filogic chipsets. MediaTek has also made inroads into the 5G CPE market, securing deals with major telecom providers. In 2023, the company faced challenges due to weak smartphone demand but expects a return to growth in 2024, driven by adoption of its high-end mobile processors and expansion in automotive and IoT markets.