Taiwanese semiconductor giant MediaTek, one of the world’s leading chip suppliers, has reportedly expressed willingness to manufacture chips in India once fabrication facilities are operational.

Highlighting the strategic rationale behind the move, Anku Jain, Managing Director of MediaTek India, was quoted as saying, “With strong business logic in producing chips locally, we see a growing synergy between India’s consumption and manufacturing base.”

MediaTek, whose clients include global smartphone majors such as Xiaomi, Samsung, Oppo, and Vivo, designs and develops chipsets that power millions of devices worldwide. The company believes local production could shorten supply chains, lower costs, and enhance resilience against global disruptions.

Like rivals Nvidia and Qualcomm, MediaTek follows a fabless model, focusing on chip design and software development while outsourcing actual manufacturing to foundries such as TSMC, Intel Foundry Services, and GlobalFoundries.

The company’s plan aligns with India’s broader ambition to become a semiconductor manufacturing hub, supported by a $10-billion incentive package from the government. India’s semiconductor market, valued at $38 billion in 2023, is expected to reach $45–50 billion in 2024–25 and $100–110 billion by 2030, while the global semiconductor market is projected to grow to $1 trillion by the same year.

In addition, MediaTek this week unveiled its roadmap for AI innovation and announced a collaboration with TSMC to develop a next-generation flagship SoC on the enhanced N2P process, with volume production slated for late next year.

The company also introduced its newest flagship chipset, the MediaTek Dimensity 9500, designed to power the next generation of flagship 5G smartphones. The chipset combines industry-leading on-device AI, console-grade gaming, and superior energy efficiency to elevate mobile performance.

“With AI becoming integral to daily life, consumers expect devices that deliver greater intelligence, speed and personalisation while maintaining energy efficiency. Our flagship MediaTek Dimensity 9500 delivers breakthrough on-device AI, top-tier performance and efficiency, and a full suite of premium experiences that our OEMs can bring to users around the world,” Jain said.