China Telecom considers MediaTek acquisition

China Telecom considers MediaTek acquisition

December 17, 2016

China Telecom is seeking to acquire Taiwan-based fabless semiconductor maker MediaTek, according to media sources in the region.

Newspapers in Taiwan and China have reported China Telecom covertly buying MediaTek shares through mediators on the second tier open market.

Speculation is that China Telecom will show its hand once it owns a majority of shares.

An insider from China Telecom confirmed the news, but added that only a small number of high level staff know about the plans.

MediaTek denied the rumour, saying it has ‘no idea’ about any acquisition attempts.

If China Telecom were to work more closely with MediaTek, it would be able to expand its product portfolio beyond CDMA to include other segments.

MediaTek is the second largest chip provider in the world, with a 20% market share. Company sales in 2015 were $2.5 billion.

timyeo

Related Posts

3 UK announces 3G HSDPA service

Comments Off on 3 UK announces 3G HSDPA service

Opera mobile browser moves to Google

Comments Off on Opera mobile browser moves to Google

Virgin Media blasts speed test websites

Comments Off on Virgin Media blasts speed test websites

Turn electric wires into a home network

Comments Off on Turn electric wires into a home network

KPN launches UK business partner programme

Comments Off on KPN launches UK business partner programme

Tele2 chooses ip.access for indoor network coverage

Comments Off on Tele2 chooses ip.access for indoor network coverage

Hughes Announces 9350 BGAN Mobile Satellite Terminal

Comments Off on Hughes Announces 9350 BGAN Mobile Satellite Terminal

Almost half of China now mobile savvy

Comments Off on Almost half of China now mobile savvy

IMImobile awarded gold for UnlSpace

Comments Off on IMImobile awarded gold for UnlSpace

Ofcom allows MoD to sell WiMax spectrum

Comments Off on Ofcom allows MoD to sell WiMax spectrum

Timico wins UC contract at Ruddle Merz

Comments Off on Timico wins UC contract at Ruddle Merz

Carphone Warehouse casts doubts about high speed broadband.

Comments Off on Carphone Warehouse casts doubts about high speed broadband.

Create Account



Log In Your Account



marsbahiscasibomslot sitelericanlı casino sitelericasino sitelerislot siteleribahis siteleribaywinİnterbahiscasibomcasibomcasibombelugabahismadridbetartemisbetcasibom
NewsHair Transplantankara çekicioto çekicivozol 12000dextools trendingdextools trending botdextools botdextools trending servicedextools trending algorithmcoinmarketcap trending botpinksale trending botdextools trending costcoinmarketcap trendingfront run botfront running botpancakeswap botpancakeswap sniper botuniswap botuniswap sniper botmev botpinksale trending botprediction botpancakeswap prediction botpolatlı evden eve nakliyatköpek ilanlarıpomeranianmersin nakliyattuzla evden eve nakliyatMedyummersin evden eve nakliyatantika alanlarantika alanlar