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MediaTek Inc.
Public
Traded as	TWSE: 2454
Industry	Fabless semiconductors
Founded	May 28, 1997; 22 years ago
Headquarters	,
Area served	Worldwide
Ming-Kai Tsai (Chairman) JChing-Jiang Hsieh (Vice Chairman) Rick Tsai (CEO) Joe Chen (President) ^[1]
Products	Helio X, P and A series smartphone products. Product numbers are always MTxxxx, except for RTxxxx (Wi-Fi products) which represents legacy numbering from an acquired company.
Brands	Helilio (smartphones) and Autus (automotive)
1.5 billion devices per year (2018) ^[2] and 14% market-share of global smartphone sales (Q3 2017)^[3]
Services	SoC sales ASIC sales System engineering and reference designs
Revenue	NT$238,057 million (US$7.9 billion) (2018)^[4]
NT$20,760 million (US$688 million) (2018)^[5]
Number of employees	17,058 (2018)^[6]
Subsidiaries	Airoha Technology Corp. EcoNet Wireless ILI Technology Corp. MStar Semiconductor Nephos Inc. Richtek Technology
Website	www.mediatek.com

MediaTek Inc. is a Taiwanesefablesssemiconductor company that provides chips for wireless communications, High-definition television, handheld mobile devices like smartphones and tablet computers, navigation systems, consumer multimedia products and Digital subscriber line services as well as optical disc drives.^[7]

Headquartered in Hsinchu, Taiwan, the company has 25 offices worldwide and was the third largest fabless IC designer worldwide in 2016.^[8]^[9] Mediatek was founded in 1997.^[10]^[11] MediaTek also provides its customers with reference designs.^[12]

5Product list
- 5.1Smartphone processors
  - 5.1.32013 and later (ARMv7)
  - 5.1.4ARMv8

Corporate history[edit]

MediaTek was originally a unit of United Microelectronics Corporation (UMC) tasked with designing chipsets for home entertainment products.^[10] On 28 May 1997, the unit was spun off and incorporated. MediaTek Inc. was listed on the Taiwan Stock Exchange (TSEC) under the '2454' code on 23 July 2001.^[13]

The company started out designing chipsets for optical drives and subsequently expanded into chips for DVD players, digital TVs, mobile phones, smartphones and tablets.^[10]^[12]^[14] In general MediaTek has had a strong record of gaining market share and displacing competitors after entering new markets.^[12]^[15]^[16]

The company launched a division to design products for mobile devices in 2004. Seven years later, it was taking orders for more than 500 million mobile system-on-chip units per annum, which included products for both feature phones and smart devices.^[10] By providing extensive system engineering assistance the company allowed many smaller companies and new entrants to enter a mobile phone market that had previously been dominated by large, often vertically integrated corporations that had long been broadly entrenched in the telecommunications industry. The mobile chip market quickly became the main growth driver for the company.^[10]^[12]^[15]^[16]

At Mobile World Congress 2014, MediaTek unveiled its new brand “Everyday Genius”, dubbing the term “Super-mid market”, with the vision and aiming to make smartphones more accessible affordable to the wider market.^[17]

As of November 2014, over 1500 mobile models accounting for 700 million units were shipped globally in 2014, using MediaTek chips, and the company posted revenues of US$5.3 billion in the first half of 2014, nearly as much as the whole of 2013.^[18] The revenue growth was however partly due to revenue recognition from the acquisition of MStar which became effective at the beginning of 2014.^[19]

Acquisitions[edit]

In 2005, MediaTek acquired Inprocomm, a wireless semiconductor design company producing 802.11a, b and a/g chips.^[20]

On September 10, 2007 MediaTek announced its intention to buy Analog Devices cellular radio and baseband chipset divisions for US$350 million.^[21] The acquisition was finalised by January 11, 2008.^[22]

On 5 May 2011, MediaTek acquired Ralink Technology Corporation,^[23] gaining products and expertise for Wi-Fi technology for mobile and non-mobile applications, as well as for wired DSL and Ethernet connectivity.

On 11 April 2012, MediaTek acquired Coresonic, a global producer of digital signal processing products based in Linköping, Sweden. Coresonic became a wholly owned subsidiary of MediaTek in Europe.^[24]

On 22 June 2012, MediaTek announced it would acquire rival Taiwanese chipset designer MStar Semiconductor Inc., which held a strong market share position in digital television chips. The initial phase of the deal saw MediaTek taking a 48 percent stake, with an option to purchase the remaining stake at a later date.^[25] The following merger between MediaTek and MStar was delayed by antitrust concerns in China and South Korea and finalized on 1 February 2014.^[26]

Financial performance[edit]

Yearly net sales and operating income in million NT$^[27]
2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016
Net sales	52,942	74,779	68,016	77,311	71,988	53,842	99,263	136,056	213,063^[a]	213,255	275,512
Income from operations	23,816	31,427	17,090	21,447	17,267	4,840	12,403	25,244	47,241	25,908	23,076

^ Includes sales contribution from MStar acquisition

MediaTek's financial results have been subject to variation as the financial success of different product lines fluctuated. MediaTek's relatively strong sales in 2009/2010 was based on its strong market position for feature phone chipsets. Smartphone and tablet products contributed to MediaTek's sales and income increase in 2013,^[28] while revenue recognition from the acquisition of MStar Semiconductor, which became effective in February 2014, as well as a continuing strong position for smartphone and tablet solutions, were the main reasons for the sales growth seen in 2014.^[29] In 2014 smartphone chips accounted for approximately 50–55% of revenue, followed by digital home products (25–30%, includes digital television chips), tablet chips (5–10%), feature phone chips (5–10%) and Wi-Fi products (5–10%).^[30]

MediaTek started shipping chips with integrated 4G LTE baseband in volume in the second half of 2014, later than its largest competitor Qualcomm.^[31] The additional cost of the separate baseband chip required in every 4G handset made MediaTek's offerings more expensive and prompted some of i

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