<p>MediaTek India, a part of over $7 billion Taiwan-headquartered fabless semiconductor company, on Thursday said it may increase prices of all its products after two months. </p>.<p>MediaTek India Director- Corporate Sales, Kuldeep Malik said the record fall of rupee against the US dollar is a case for concern.</p>.<p>"If this trend continues for the next two months, MediaTek India will also have to think of hiking the prices. There is no other option," Malik said.</p>.<p>The company provides chips for wireless communications, HD television, mobile devices and tablet computers, navigation systems, consumer multimedia products and digital subscriber line services as well as optical disc drives.</p>.<p>MediaTek is in intense competition with other chip manufacturing companies like Qualcomm, Intel and NVIDIA to expand its foothold in Indian market.</p>.<p>Malik said the company has one third of market share in smartphone and 40% of feature phones. "We are expecting more business from IoT devices, specifically smart speakers," he said.</p>.<p>Besides all leading mobile OEMs like Xiaomi, Oppo, Vivo, Karbonn and Micromax, the company has partnered IoT players along with Google, Facebook and application developers for its AI-based chipsets. </p>.<p>"We are enabling more than 1.5 billion IoT devices annually, especially in the Narrow-Band IoT (NB-IoT) space. In India with more smart cities and digital India initiatives we are expecting more business," he said.</p>
<p>MediaTek India, a part of over $7 billion Taiwan-headquartered fabless semiconductor company, on Thursday said it may increase prices of all its products after two months. </p>.<p>MediaTek India Director- Corporate Sales, Kuldeep Malik said the record fall of rupee against the US dollar is a case for concern.</p>.<p>"If this trend continues for the next two months, MediaTek India will also have to think of hiking the prices. There is no other option," Malik said.</p>.<p>The company provides chips for wireless communications, HD television, mobile devices and tablet computers, navigation systems, consumer multimedia products and digital subscriber line services as well as optical disc drives.</p>.<p>MediaTek is in intense competition with other chip manufacturing companies like Qualcomm, Intel and NVIDIA to expand its foothold in Indian market.</p>.<p>Malik said the company has one third of market share in smartphone and 40% of feature phones. "We are expecting more business from IoT devices, specifically smart speakers," he said.</p>.<p>Besides all leading mobile OEMs like Xiaomi, Oppo, Vivo, Karbonn and Micromax, the company has partnered IoT players along with Google, Facebook and application developers for its AI-based chipsets. </p>.<p>"We are enabling more than 1.5 billion IoT devices annually, especially in the Narrow-Band IoT (NB-IoT) space. In India with more smart cities and digital India initiatives we are expecting more business," he said.</p>