MediaTek plans to source chips locally once the ecosystem's ready: Top executive

Taiwanese fabless chip company MediaTek will source semiconductors from local foundries once the chip manufacturing ecosystem is in place under the government's ambitious ₹76,000-crore semiconductor manufacturing incentive scheme, a top company executive said.

"It (read: the semiconductor scheme) does help us indirectly if the ecosystem develops here locally, with phone and chip manufacturers...at that stage, I can source the chipsets from local foundries rather than going to a foreign country," MediaTek India managing director Anku Jain told ET.

He added that the government's semicon India programme is progressive and bringing fabs to India would be the last frontier in the 'Make in India' project. He, though, said MediaTek does not manufacture its own chipsets and will not be participating directly in the scheme.But MediaTek has one of its largest R&D footprints in India, with research wings in Bengaluru and Noida, employing over 900 engineers.