MediaTek to Invest $300M in Startups

Barcelona, Spain — MediaTek, today announced the launch of MediaTek Ventures – a new strategic investment arm within the company. Headquartered in Hsinchu, Taiwan, MediaTek Ventures will initially invest in startups in Greater China, Europe, Japan and North America, with a US$300m reserve. MediaTek Ventures will actively invest into innovative startups in semiconductor-system-and devices, Internet infrastructure, services and IoT, with the goal of…