logo
MediaTek sees major boost as Indian EV makers adopt AI, HPC solutions

MediaTek sees major boost as Indian EV makers adopt AI, HPC solutions

Vast AI talent pool and electric vehicle makers' attitude to adopt artificial intelligence and powerful computing offer a big opportunity in India for MediaTek, a senior company official said.
MediaTek Director for Product Marketing -- Automotive Platform -- Rita Wu told PTI the semiconductor company is looking to penetrate deeper in India's automotive sector with a strategic focus on AI, scalable system-on-chips (SoCs), and next-gen connectivity solutions.
"I think the Indian market has a lot of talent in AI. The second thing is OEMs' (Original Equipment Manufacturers) attitude. They are very interested in AI and want to try their best to adapt to the offloads in their vehicles. It's not only AI, but they are also looking for powerful computing to support more high-end solutions. That very important and very good for India market," Wu said.
Wu outlined three major industry shifts shaping their roadmap agentic -- AI adoption, increasing demand for high-performance compute capabilities (CPU, GPU, NPU), and enhanced power efficiency tailored for electric vehicles (EVs).
She said that demand for energy efficiency technology will be high in EVs because power is very crucial for the segment.
From making chips for mobile phones, MediaTek has diversified offerings to providing technology for the automobile sector, to satellite communications.
MediaTek Automotive Platform Director for Europe Product Marketing Sharique Khan said that even EV two-wheeler makers in India have started using the company's AI-enabled chips for infotainment systems.
"We see that in the next three to four years, there will be adoption of AI and high computing, depending on the cost segment in India, from premium and scale down to the entry segment," Khan said.
He said the rising demand for AI-powered cockpit infotainment across segments in India is one of the key aspects that makes it strategically important for MediaTek.
When asked about volumes for semiconductors, Khan said volumes typically start with premium segments and eventually cascade down.
He said customised solutions will also play an important role in the Indian EV market.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China rare earth ban to impact domestic production, exports across 5 sectors in India: SBI economists
China rare earth ban to impact domestic production, exports across 5 sectors in India: SBI economists

Mint

time12 minutes ago

  • Mint

China rare earth ban to impact domestic production, exports across 5 sectors in India: SBI economists

Mumbai:China's ban on rare earth trade will impact domestic production and exports across five sectors in India, economists at SBI said on Monday. A report by the economists pegged the overall imports of rare earths and compounds at USD 31.9 million and magnet imports at USD 291 million in FY25. Volumes of India's consumption of rare earths and compounds has seen a rising trend, it said, adding that import of rare earth magnets by India increased sharply in FY25. "China dominates in India's direction of trade in rare earth minerals and compounds," it said, listing out priorities India needs to adopt. "The top sectors impacted by China's ban include transport equipment, basic metals, machinery, construction and electrical and electronics. Both domestic production and exports will be impacted," it added. It added that Indian financial institutions, including banks, are also at risk of some impact because of this. The SBI report recommended states to take additional steps to ensure better exploration of such resources, which can reduce dependency on imports. It also cited a ₹ 8,000-crore scheme by the government of Odisha as a case in point, and specified about efforts to search for minerals in the Ganjam district.

FPI selloff, result woes drag Indian equity markets down for a third day
FPI selloff, result woes drag Indian equity markets down for a third day

Business Standard

time19 minutes ago

  • Business Standard

FPI selloff, result woes drag Indian equity markets down for a third day

Indian equity benchmarks slumped on Monday, weighed down by stalled India-US trade talks, sustained foreign portfolio investor (FPI) selling, and sharp declines in banking and IT heavyweights. The Sensex plunged 572 points (0.7 per cent) to close at 80,891, while the Nifty fell 156 points (0.6 per cent )to 24,681. The selloff erased ₹3.8 trillion from the total market capitalisation of BSE-listed firms, now at ₹448 trillion. Monthly losses stand at ₹13.3 trillion, with both benchmarks down nearly 6 per cent from September peaks. Investors were wary of taking positive bets amid reports that trade talks between India and the US remained deadlocked and dimmed hopes of an interim deal before US President Donald Trump's deadline. On the contrary, the deal between the US and EU eased concerns of a bigger trade tiff that could have hurt the global economy. US President Donald Trump and European Commission President Ursula von der Leyen announced a trade deal on Sunday, which will see the bloc face 15 per cent tariffs on most of its exports. FPIs were net sellers on Monday, worth approximately ₹ 6,083 crore, marking their sixth consecutive day of selling and the largest single-day sale since May 30. Kotak Mahindra Bank was the largest contributor to the decline in the Sensex, followed by Bharti Airtel and Bajaj Finance. Kotak Mahindra Bank's shares declined 7.5 per cent, their biggest one-day fall since April 25, 2024, after the private lender posted a 40 per cent year–on–year (Y-o-Y) decline in its consolidated net profit to ₹4,472 crore in the April–June quarter. A rise in provisions and contingencies due to higher slippages also weighed on profits for the recently concluded quarter. TCS ended the session with a loss of 1.76 per after it announced on Sunday that it would lay off approximately 2 per cent, or around 12,260 employees, of its global workforce of 613,069 this financial year. "Domestic market sentiment has remained cautious, weighed down by a disappointing set of Q1 earnings, delays in the India-US trade agreement, and continued FII outflows. In contrast, global markets remain broadly positive, supported by US-EU trade developments that are perceived as less concerning than anticipated,' said Vinod Nair, head of research of Geojit Investments. In the future, the remainder of corporate earnings and the trajectory of the trade deal with the US will determine the market movement. "Markets are currently grappling with headwinds on both domestic and global fronts. In the banking space, earlier resilience had helped limit the decline; however, renewed pressure across the sector — except for heavyweights ICICI Bank and HDFC Bank — is adding to participants' concerns. We now view the 24,450 – 24,550 zone as a critical support area, while the 24,900 – 25,000 range is likely to act as a resistance zone in case of a rebound. Traders should maintain a cautious stance and adjust their positions accordingly,' said Ajit Mishra, SVP-Research of Religare Broking. Market breadth was weak with 2,951 declines and 1,200 advances.

Starlink can provide services only to 2 million users in India: Centre
Starlink can provide services only to 2 million users in India: Centre

Business Standard

time21 minutes ago

  • Business Standard

Starlink can provide services only to 2 million users in India: Centre

Elon Musk's satellite communication service Starlink will be able to provide connections to only 2 million users in India, with a maximum speed of 200 megabits per second (mbps) across the country for ₹3,000 per month, said Union Minister of State for Telecommunications Pemmasani Chandra Sekhar. It is due to this high upfront cost that the services of Bharat Sanchar Nigam (BSNL), especially in rural areas, will not be impacted, Pemmasani said. 'So, there is no way satellites can provide any meaningful connectivity in India,' he said. He was speaking on the sidelines of a day-long review meeting of BSNL on Monday. The Minister of State's comments come against the backdrop of private telecommunications (telecom) service providers flagging Starlink's entry into India on the grounds that the company's satellite service directly competed with the terrestrial services being offered by the carriers. State-run BSNL competes with the private telecom operators in the Indian market. Over the last year, the government has installed 100,000 4G towers for BSNL. Both the software and hardware have been developed indigenously in the country, he said, adding that BSNL is resolving issues with 4G connections across the country on an ongoing basis. 'The integration, developing everything within two-three years, was hard. There were some issues, and we have cleaned up a lot of that. Ninety per cent of the problems have been solved. Our goal is to get everybody on the same page,' Pemmasani said. The Department of Telecommunications (DoT) is also working to resolve legacy issues, such as the lack of adequate power backup for BSNL's towers and base stations, as well as disconnected fixed-line fibre, he said. Once these issues are resolved, the next step will be to market and sell BSNL's products and offerings, ensuring the telco achieves true profitability, he said. The government and DoT are also working to improve the average revenue per user (Arpu) of the state-run telco and bring it on par with that of the private players, the minister of state said. 'It is different based on the (telecom) circle. If you have a lot of rural communities and low affordability, the revenue per user is a little bit different from some of the metro circles,' he said. In some rural circles, BSNL has an average weighted Arpu of up to ₹70 per user, whereas in select urban circles, it reaches as high as ₹170, a DoT official later stated. Despite the government's capital expenditure on BSNL, the state-run telco is unlikely to implement a tariff hike in the near future to improve its ARPU margin, Pemmasani said. 'We want people to experience the BSNL service again. People will have a choice now,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store