Taiwan’s MediaTek To Launch $300M Venture Fund

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Hsinchu, Taiwan-based fabless chipmaker MediaTek has launched a US$300 million venture capital fund, MediaTek Ventures, to invest in global start-ups, according to a company announcement.

MediaTek Ventures will target the semiconductor system and devices, Internet infrastructure, and Internet-of-things sectors, in order to create a collaborative ecosystem around MediaTek’s main businesses.

China Money Network

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