Robert Besser
02 Jul 2022, 16:07 GMT+10
TAIPEI, Taiwan: The world's fourth largest chip designer by revenue, Taiwan's MediaTek, has told Reuters that it plans to create a new design center in Indiana, in partnership with Purdue University.
MediaTek, which makes processors for many Android phones and smart speakers, has not revealed how much it would invest, but said it will receive $1.4 million from the state of Indiana.
In a statement, Dr. Kou-Hung Lawrence Loh, corporate senior vice president of MediaTek and president of MediaTek USA, said, "Being in Indiana means we will have access to some of the best engineering talent in the world," as quoted by Reuters.
The company added that it will hire engineers from leading schools in Indiana and nearby states for its design centers in California and the Northeast, and it also plans to endow a professorship at Purdue to compete for federal research grants, noting its plans will receive a significant boost if a bill to support the chip industry is approved by Congress.
The announcement comes after Taiwan's GlobalWafers said it will build a $5 billion silicon wafer plant in Sherman, Texas.
A global shortage of semiconductor chips is continuing to affect supply chains, forcing some automotive and electronics companies to scale down production.
Get a daily dose of Las Vegas Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Las Vegas Herald.
More InformationAs China unleashed live-fire military exercises off the coast of Taiwan, simulating a real "reunification by force" operation in the ...
NAYPYIDAW, Myanmar - According to a legal official, a court in Myanmar has sentenced former leader Aung San Suu Kyi ...
BEIJING, China: Following a meeting between their foreign ministers, China and Nepal have agreed to build the Trans-Himalayan Multi-Dimensional Connectivity ...
BEIJING, China: Several regions in China experienced temperatures exceeding 40 degrees Celsius, including the major southwestern city of Chongqing.The country's ...
SACRAMENTO, California: California Governor Gavin Newsom is proposing to give a $1.4 billion government loan to extend the life of ...
NEW DELHI, India: A government order released to reporters this week said New Delhi will continue to enforce a mask ...
JEDDAH, Saudi Arabia: In a Twitter post published this week, Saudi Arabia's Kingdom Holding said it had invested in Russian ...
SYDNEY, NSW, Australia - Stock markets across the Asia Pacific region rallied on Wednesday.In Japan, the Nikkei 225 surged 353.86 ...
DHAKA, Bangladesh A preliminary investigation into the tragic crane accident that killed five people in Uttara on Monday has found ...
HANOI, Vietnam: The Vietnamese government is considering building a high-speed railway, with a possible cost of up to $58.7 billion, ...
NEW YORK, New York - Stocks were decidedly mixed in the U.S. on Tuesday as investors struggled to make a ...
DELHI, India: Dubbed the country's Warren Buffett, India's best-known stock investor and self-made billionaire, Rakesh Jhunjhunwala, died on August 14 ...