Taiwan’s MediaTek to expand R&D investments, staff

15-Jan-2022 Intellasia | TaiwanNews | 5:02 AM Print This Post

Semiconductor maker MediaTek Inc. is looking for 2,000 new design engineers while planning to raise its investments in research and development by 10 percent to 20 percent this year, reports said Friday (January 14).

The Hsinchu-based company already saw its R&D spending climb past the NT$100 billion (US$3.62 billion) mark during the past year, CNA reported. Asked to comment on plans by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) to hike its capital spending for 2022 to between $40 billion and $44 billion, MediaTek Chief Financial Officer David Ku said the move was likely the result of the overall situation of the electronics sector.

MediaTek was one of TSMC’s three main customers, buying more than NT$100 billion in Taiwan last year as the result of the increasing demand for semiconductor products, he told the media Friday.

The sector’s situation has also led to the company expanding its staff, reaching a total of 19,300 employees worldwide in 2021, including 1,000 in India and more than 500 in the United States, Ku said. Taiwan will play a key role in the recruitment of more than 2,000 engineers planned for 2022, he added.



Category: Taiwan

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