November 18, 2020
1 min read

MediaTek Acquires Intel’s Power Management Chip Wing

Taiwan-based fabless semiconductor company MediaTek has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for approximately $85 million.

With this acquisition, MediaTek is now aiming to expand its product line to offer integrated power solutions used in FPGA, SoC, CPU, and ASIC for the enterprise-level system applications, reports GizmoChina.

Intel Enpirion power System-on-Chip (PowerSoC) modules integrate nearly all the components needed to build a power supply without sacrificing performance or efficiency.

These robust, easy-to-use products meet your most challenging power requirements for FPGAs, ASICs, processors and other semiconductors — all in a small footprint.

According to GizmoChina, MediaTek pointed out that after the completion of the merger, it will expand the company’s product line.

“Its target will be enterprise-level system applications to help expand the scale of operations”.

This deal is unlikely to have a huge impact on the smartphone market but would boost Mediatek’s positions and hopefully competitiveness.

MediaTek has been actively developing its server ASIC business and has also reportedly obtained orders from Google to integrate the Intel Enpirion product line.

Also Read: Cloud business powers Microsoft to a 12% growth

Also Read: Global spending on cloud set to cross $1 trillion: Report

Previous Story

Zomato Offers Zero Commission Takeaway for Restaurants

Next Story

Apparel Exporters Seek Special Pre FTA Deal With UK

Previous Story

Zomato Offers Zero Commission Takeaway for Restaurants

Next Story

Apparel Exporters Seek Special Pre FTA Deal With UK

Latest from Business

IMF Warns Global Economy Faces Mounting Risks in 2026

The IMF’s policy-setting committee has warned that wars, trade tensions, energy disruptions and rising public debt threaten global economic stability….reports Asian Lite News Desk The International Monetary Fund (IMF) has warned that

India targets 604 MT steel capacity by 2047

The policy seeks to promote value-added products, including stainless and speciality steel, while strengthening quality standards and conformity assessment mechanisms…reports Asian Lite News Desk The government has proposed nearly tripling India’s crude

Zimbabwe Courts India’s UPI

Zimbabwe is in talks with India’s NIPL to adopt UPI-based payments, potentially cutting transaction costs and improving digital transfers across the country….reports Africa daily News Desk Zimbabwe is in talks with NPCI
Go toTop