Top Taiwan chip designer MediaTek shifts focus to autos, AI

Top Taiwan chip designer MediaTek shifts focus to autos, AI

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

Taiwan’s top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics.

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