MediaTek Inc (聯發科), which designs chips used in smartphones from major Chinese brands including Xiaomi Corp (小米) and Lenovo Group (聯想), yesterday launched a global recruitment program to hire 2,000 new employees to cope with the company’s rapidly growing businesses.
MediaTek launched the program at a jobs fair held by National Taiwan University in Taipei yesterday. The program is part of the company’s broader efforts to boost its research and development capabilities to prepare for intensifying competition.
“MediaTek has 10,000 employees working in 27 locations in 12 countries. They work in different divisions, including marketing, research and development and customer services,” MediaTek chairman Tsai Ming-Kai (蔡明介) said during a speech at the jobs fair.
Photo: CNA
“MediaTek offers an environment for employees to learn and grow with world-class talents,” Tsai said.
To support the company’s strong growth this year and in the longer term, MediaTek plans to boost research and development spending by 20 percent annually this year, as it foresees a need to develop advanced patents for 4G long-term evolution (LTE) technology, the firm said.
MediaTek allocated 20.3 percent of its total revenue for research and development last year, according to statistics released two weeks ago by IC Insights Inc.
Meanwhile, MediaTek aims to double its LTE market share in China to 40 percent this year, taking on larger rival Qualcomm Inc.
“This year will be another year of investment for MediaTek. We will significantly expand research and development resources to accelerate development of new products and new technologies,” company president Hsieh Ching-jiang (謝清江) told investors last month.
“We hope to recruit top talent from around the world to broaden our product lines. We also plan to invest on advanced processor manufacturing and cutting-edge technologies,” Hsieh said.
MediaTek is broadening its smartphone chip lineup and expanding into new areas, including chips for wearable devices.
With new products in the pipeline and fast-growing LTE chip demand from China, the company aims to grow its revenue by 10 to 20 percent this year from a record-high of NT$213.06 billion (US$6.74 billion) last year.
To entice high-quality potential candidates, MediaTek is offering salaries starting at NT$1 million per year for new employees with a master’s degree, and those who have earned their doctorate would receive at least NT$1.5 million per year, the company said. The offerings do not include annual employee bonuses or any other compensation.
The Hsinchu-based company yesterday also launched an internship program for 200 college students from Taiwan and overseas to work as apprentices at MediaTek during the summer vacation.
UNPRECEDENTED PACE: Micron Technology has announced plans to expand manufacturing capabilities with the acquisition of a new chip plant in Miaoli Micron Technology Inc unveiled a newly acquired chip plant in Miaoli County yesterday, as the company expands capacity to meet growing demand for advanced DRAM chips, including high-bandwidth memory chips amid the artificial intelligence boom. The plant in Miaoli County’s Tongluo Township (銅鑼), which Micron acquired from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion, is expected to make a sizeable capacity contribution to the company from fiscal 2028, the company said in a statement. It would be an extended production site of Micron’s large-scale manufacturing hub in Taichung, the company said. As the global semiconductor industry is racing to reach US$1 trillion
A man walks past real-estate advertisements outside a house in Taipei yesterday. The central bank yesterday said it plans to establish an “Inflation-at-Risk” gauge as a supplementary tool for observing inflation, as policymakers express wish to communicate more effectively with the public when making inflation forecasts.
ABOVE LEGAL REQUIREMENT: The Ministry of Economic Affairs is prepared if LNG supply is disrupted, with more than the legal requirement of 11 days of inventory Taiwan has largely secured liquefied natural gas (LNG) supplies through May and arranged about half of June’s supply, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday. Since the Middle East conflict began on Feb. 28, Taiwan’s LNG inventories have remained more than 12 days, exceeding the legal requirement of 11 days, indicating no major supply concerns for domestic gas and electricity, Kung said at a meeting of the legislature’s Economics Committee in Taipei. The ministry aims to increase the figure to 14 days by the end of next year, he said. While one or two LNG or crude oil shipments for May
Memory chip stocks extended their losses yesterday after Alphabet Inc’s Google publicized research that could allow more efficient use of the storage needed for artificial intelligence (AI) development. SK Hynix Inc and Samsung Electronics Co, South Korean leaders in the market, fell more than 6 percent and about 5 percent respectively in Seoul. In the US, Micron Technology Inc, Western Digital Corp and Sandisk Corp slid more than 2 percent in pre-market trading, after they all closed lower on Wednesday. Memory companies have been on a tear in recent months as the rapid development of AI infrastructure triggered a spike in chip
RSS