MediaTek, a fabless semiconductor company for wireless communications and digital multimedia offerings, will invest more than SGD120m (approximately $94.7m) to expand its research and development centre and business operations in Singapore.
The semiconductor firm has opened a new office at One North in Singapore.
Singapore Economic Development Board (EDB) chairman Leo Yip said MideaTek’s expansion in Singapore will further strengthen our semiconductor ecosystem, which comprises of many major IC design companies, foundries, and assembly and test houses.
"Besides generating spin-offs to Singapore-based semiconductor manufacturers, MediaTek’s partnerships with local research centres such as VIRTUS at the Nanyang Technological University, will further strengthen our pool of analogue and RF IC design talent," he added.
The company said it plans to double its team strength from the existing 150 employee over the next few years.
MediaTek Ming-Kai Tsai chairman and CEO said Singapore will now be MediaTek’s regional base for RF design, and by expanding in this country, MediaTek is even better positioned to grow their mobile business in the region and beyond.
