There are countless firm all over the world that design and produce processors and other silicon that go into our smartphones, but one that has become particularly successful over the last few years is MediaTek. The Taiwanese firm has become known for their affordable processors that offer a lot of bang for their buck, and have arguably been the driving force behind the better lower-end devices that have appeared over the last few years. MediaTek has become well known in the industry, and while their processors might not be as sought after as those from Samsung or Qualcomm, they've become solid choices for a range of devices. Most of the chips that MediaTek ship end up in devices sold in emerging markets, such as India, and now MediaTek is looking to expand their workforce throughout India.
According to a report from Reuters, the Taiwanese firm is to triple the amount of workers that the firm has in India over the next three years. MediaTek is looking to triple the current number of 500 employees to 1,500 employees over the next three years, with the company's chairman, M.K. Tsai, saying that "MediaTek is committed to Make in India". Make in India is an initiative that the Indian government has been working on in order to bring more manufacturing into the country, and big names such as Xiaomi, Sony and Motorola have signed up to produce devices inside of India. For MediaTek, the new jobs will focus on Research and Development, as well as customer relations, as the firm looks to bolster their image in what is becoming an increasingly important market for all mobile names across the globe.
MediaTek is now estimated to control over 70 percent of the Indian market, and with big investments of $60 Million in PayTM's owner, One97 Communications, the firm is well on its way to becoming a big force in India. Global names such as Samsung and Sony have experienced success in the Indian market as well, and with it becoming harder ad harder to compete in the West, India is likely to become a key market for everyone over the next couple of years.