MediaTek Inc (聯發科) yesterday said it is testing its 5G chips that support millimeter-wave technology at the company’s research-and-development (R&D) center in Hsinchu in collaboration with Chunghwa Telecom Co (中華電信) to accelerate the rollout of the world’s first chips using the technology.
MediaTek’s announcement came after the world’s largest 5G handset chip supplier built a strong presence in 5G chips using other technologies, driven by chips that support the 6 gigahertz band or lower.
The partnership with Chunghwa Telecom offers favorable conditions for MediaTek to introduce the new 5G chips to the US, Europe and Japan, the companies said in a joint statement.
Photo: Grace Hung, Taipei Times
MediaTek has cooperated with more than 100 telecoms worldwide to certify its 5G chips, it said.
To create the environment needed for testing, Chunghwa Telecom has deployed 5G non-stand-alone mobile networks in MediaTek’s 5G R&D center, utilizing the telecom’s mid-band 3.5 gigahertz and high-band 28 gigahertz bands, the statement said.
MediaTek told investors in January that its millimeter-wave system-on-a-chip has been certified by a major global operator, with mass production scheduled to begin in the second half of this year for the global market.
MediaTek said it expects the worldwide 5G penetration rate to surpass 50 percent this year, compared with slightly more than 35 percent last year.
That means about 700 million 5G smartphones would be shipped this year, up 40 percent from 500 million units last year, the company said.
Separately, MediaTek said it has won priority status to acquire the superficies rights for a 1,736m2 plot in Hsinchu for NT$3.77 billion (US$130.78 million), the company said in a Taiwan Stock Exchange filing yesterday.
The land is owned by the Railway Bureau, it said.
MediaTek was given the right to develop the land near Hsinchu’s high-speed rail station for 70 years, the bureau said in a statement.
The chipmaker plans to spend NT$9 billion on the development project and create 3,000 new jobs, the bureau said.
In a separate statement, MediaTek said it is planning to build an office building at the same site, as that would boost talent acquisition of R&D engineers to support the company’s bullish prospects.
MediaTek plans to hire 2,000 new employees this year, the company said.
Semiconductor stocks on Friday took a beating after a grim profit warning from Idaho-based Micron Technology Inc sparked fresh worries about the US’ earnings power as the country is potentially heading for a recession. Despite a broader stock market rally, the Philadelphia Stock Exchange Semiconductor Index dropped 3.8 percent after Micron, the largest maker of memory semiconductors in the US, flagged that demand was cooling for chips used in computers and smartphones. The index — which is home to US chip giants Advanced Micro Devices Inc and Nvidia Corp, as well as Micron — is down 38 percent this year. Historically, semiconductor
WHOLLY OWNED SUBSIDIARY: Costco Wholesale said it expected the purchase of the remaining 45 percent stake to add 1 to 1.5 percent to its earnings per share US-based Costco Wholesale Corp on Thursday said that it had purchased the remaining 45 percent stake in Costco President Taiwan Inc (台灣好市多) for US$1.05 billion, making the local company a fully-owned unit. “We estimate that the purchase would add about 1 to 1.5 percent to [our] earnings per share,” Costco said in a statement. Costco President Taiwan was established as a joint venture with Kaohsiung-based President Group (大統集團), which held a 45 percent stake. Since the first Costco store opened in Kaohsiung in 1997, 14 outlets have been set up in Taiwan, company data showed. PROFITABLE Three Costco stores in Taiwan — in Taipei’s Neihu
SOARING PROFITS: Semiconductors and shipping have knocked automaking and construction out of the 10 highest paying industries, stock exchange data showed Mobile phone chip designer MediaTek Inc (聯發科) posted an average of NT$5.15 million (US$173,249) in annual compensation for non-managerial employees last year, marking the highest among all firms listed on the Taiwan Stock Exchange (TWSE), exchange data showed. That is a 66 percent increase from the company’s average compensation of NT$3.08 million in 2020, as its earnings per share (EPS) expanded from NT$26.01 in 2020 to NT$70.56 last year. That is also three times higher than the average compensation of NT$1.7 million in the nation’s semiconductor industry, the data showed. The increases helped MediaTek advance its ranking from third in 2020, replacing
EXPANSION: The airline will offer two flights per week to Milan from Oct. 25, and four flights per week to Munich from Nov. 3 using its Boeing 777-300ER aircraft EVA Airways Corp (長榮航空) yesterday announced that it would begin nonstop flights from Taoyuan to Milan and Munich later this year, marking its first expansion in the European market in 25 years. Starting on Oct. 25, the airline will operate two flights per week between Taoyuan and Milan, implementing a plan that was scheduled for February 2020, but was suspended due to the COVID-19 pandemic and the consequent lockdowns across the world. The airline will also launch four weekly flights to Munich, Germany, on Nov. 3, it said. The schedules for the two flights will cater to in-transit passengers, as they will arrive