Summary:

By establishing a new research and development (R&D) facility in Noida, MediaTek has increased its footprint in India and strengthened the country's position as a developing hub for semiconductor and technology innovation. The 1.04 lakh square foot facility, which is situated in Sector 94 of BPTP Capital City, will help the company expand its technical staff and conduct cutting-edge chip design research. To speed up semiconductor innovation, the center will collaborate with MediaTek's Bengaluru operations. Over a ten-year period, the business has rented the Noida facility for around Rs. 144 crore. According to industry experts, Noida is becoming a significant center for technology because of its enhanced infrastructure, rising demand for Grade-A office space, close proximity to the future Jewar International Airport, and more foreign investment.

Source: IBEF

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