MediaTek plans to invest in emerging companies in the UK focusing on artificial intelligence and integrated circuit design technology

The British Global Investment Summit was held in London yesterday. More than 200 CEOs of heavyweight companies attended, including Goldman Sachs, JP Morgan Chase, etc.

According to the British Prime Minister's Office, MediaTek, a leading company in the semiconductor industry, plans to invest in the next five years. During the year, it invested in several British innovative technology companies, with a total amount of up to 10 million pounds (approximately 90.3 million yuan). MediaTek responded that its main investment direction is artificial intelligence and its own IC design technology

## The industry pointed out that MediaTek has strengthened global investment since 2015. MediaTek Venture Capital, a strategic investment arm, was established to reserve US$300 million for investment in new startups in Greater China, Europe, Japan and North America, targeting new innovations in semiconductor systems and equipment, network infrastructure, service-level Internet of Things (IoT) and other fields. company.

Currently, MediaTek has an office in Cambridge and Kent, UK, which are mainly focused on research and development. MediaTek’s investment cooperation projects in the UK in recent years include cooperating with the smartphone company Bullitt Group to create the world’s first smartphone using two-way satellite communication technology, and cooperating with the International Maritime Satellite Communications Company (Inmarsat) to provide “satellite direct connection” communication services.

The British Prime Minister’s Office also pointed out on the 26th that before this year’s summit, important investors from various countries have committed investment plans with a total amount of up to 29.5 billion pounds (currently about 266.385 billion yuan). The last summit will be held in 2021. three times.

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